Price Alert: Expect Higher Prices Of Cooking Oil, Tomatoes, Bananas, & Potatoes

What cooking oil are you using?

The threat of increasing gas prices, including for LPG or liquified petroleum gas used in many gas stoves, in Metro Manila still looms, but the good news is that the skyrocketing gas prices have not yet dramatically hit food prices. Despite this reprieve, the prices of some ingredients for your Pinoy ulam recipes saw an increase as well as a decrease since the start of March of this year. The bad news? It may continue to change in the following weeks. 

The price of Latundan bananas in particular has been going up and down this past week, from P60 to P50 and back up to a high of P70 per kilo this week. Pork liempo or pork belly also saw a price seesaw. The pork cut was reported as costing P10 less last week but increased prices again within the week. As of yesterday, the pork liempo has again dropped from its P380/kilo price to P375/kilo. Baguio pechay too saw a dip last week but is back up to P60/kilo. 

You may need to skip making deep-fried chicken, menudo, kaldereta, or even your go-to ginisang ampalaya recipe to another week if the price of the ingredients to make these dishes continue to go up. 

Meanwhile, those who love their unli rice will be delighted to know the price of premium rice has again dropped back to P46.50 from last week’s P1.50/kilo price increase. 

If you’re going to the palengke this weekend, here are the other ingredients you should expect to be priced higher as well as lower per kilo than last week: 

Illustrator Louis Miguel A. Talao
Illustrator Louis Miguel A. Talao

These palengke prices are sourced and gathered only from these markets in these areas in the metro: Commonwealth, Guadalupe, Las Piñas, Malabon, Marikina, Mega Q-Mart, Muntinlupa, Muñoz, Pasay, Pasig, Pritil, Quinta & San Andres. 

For more information about the price monitoring of selected agricultural and fishery commodities in the metro by the Department of Agriculture, visit Price Watch on the government agency’s website


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