Well-milled rice prices up in six regional centers

SIX regional trading centers reported higher average retail prices of well-milled rice at mid-June, according to the Philippine Statistics Authority (PSA).

In a report, the PSA said prices rose on June 15-17, which it refers to as the second phase of June, compared with the prices from June 1-5, or the first phase.

Higher prices were recorded in Cabanatuan City where they increased by P1.50 to P40.50 per kilogram. Prices rose by P0.50 in both Legazpi City and Digos City to P45.75 and P46.50, respectively.

Retail prices also increased in Kidapawan City by P0.42 to P43.50, in Pagadian City by P0.25 to P43.25, and in the National Capital Region (NCR) by P0.11 to P43.25.

Well-milled rice prices fell P0.17 to P40.33 in Tuguegarao City. In Iloilo City they fell P1.61 to P50.89.

The PSA estimated the average retail price of red onion increased in six regional trading centers during the period.

Red onion prices rose by P25 to P207.50 per kilo in Tacloban City, by P22 to P228 in Iloilo City, and by P15 to P265 in Pagadian City.

Increases were also monitored in Batangas City where prices rose by P10 to P145, in Baguio City by P10 to P211.50, and in the NCR by P0.13 to P170.17.

Retail prices declined in Calapan City by P15 to P215, in Tuguegarao City by P2.50 to P162.50, and in Cagayan de Oro City by P0.27 to P224.73.

The average retail price of dressed chicken declined in five trading centers during the second phase of June.

Prices fell in Cabanatuan City by P10 to P162.50, in Digos City by P9 to P 188.00, and in Pagadian City by P5 to P197.50.

Chicken prices also dropped in the NCR by P2.59 to P180.64, and in Kidapawan City by P2 to P219.50.

Meanwhile, the average retail price of dressed chicken in Iloilo City rose by P5 to P175.  — Sheldeen Joy Talavera