Pork Product Vendors Struggling to Implement Price Ceiling at Quinta Market in Manila
Pork product vendors in Quinta Market, Manila are still struggling to follow the government’s 60-day price ceiling.
Over the past few weeks, a lot of pork vendors went on pork holiday due to the implementation of the price cap in the National Capital Region. The vendors could not follow the price ceiling due to the soaring prices of pork meat.
On Thursday (March 4, 2021), the prices of pork products at Quinta Market, Manila increased. Pork meat is being sold at P320 per kilogram and P300 per kilogram of liempo. Last week, the vendors sold pork product at P300 per kilogram but the price continue to increase.
The retailers are hoping and praying that the prices of pork products would stop from increasing. The soaring prices of pork meat contributes to their daily burden.
Meanwhile, the prices of chicken products dropped by P10 and prices of beef remains the same. Fresh ‘galunggong’ is being sold at P220 per kilogram while frozen ‘galunggong’ at P200 per kilo.
- P320/kilo of meat
- P330/kilo of liempo
The fish prices and other sea foods increased a little bit this month of March, which is a fishing season. The vegetable prices dropped a little bit compared to its price last month.
What can you say about the price cap? Just feel free to leave your comments and reactions to this article.