Solon blames holidays for egg price spike; says costs could normalize soon


At a glance

  • The congressman who said that eggs should be sold "by the kilo" shared on Monday, Nov. 27 that the spike in local egg prices could be over in just a few weeks' time.


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AGAP Party-list Nicanor Briones (Facebook)

 

 

 

 



The congressman who said that eggs should be sold "by the kilo" shared on Monday, Nov. 27 that the spike in local egg prices could be over in just a few weeks' time. 

In a Facebook live interview, AGAP Party-list Nicanor Briones described the current egg price situation as a yearly occurrence since the country is right in the middle of the holiday season, when demand is at its peak. 

"Ang itlog sa ngayon, bagamat nataas, dahil lang yun sa holidays. So tumataas ang demand, maraming gamit...so tumataas yung presyo," Briones, a Batangas native, said. 

(Eggs nowadays, although there was a price hike, it was only because of the holidays. So the demand increased because it has many uses...so did the price.) 

"Pero every year, [for] so many years, yan naman talaga ay alam na ng ating tao at mamayan (But every year, for some many year, our people know that this happens)," noted Briones, who is the chairman of the Pork Producers Federation of the Philippines and Egg Council of the Philippines, 

"So after naman nito, holidays, siguro first half ng January, first quarter, bababa na at babalik sa normal na presyo ang ating presyo ng itlog," he predicted. 

(So after his holiday season, maybe by firsr half of January, during the first quarter, prices of eggs will go down and normalize.) 

In a radio interview Sunday, Nov. 26, Briones suggested that it would be "better" for eggs to be sold via kilo, like meat. 

In local supermarkets, eggs are normally sold by the dozen, with the price dictated by their size: small, medium, large, extra-large and jumbo.