PRICE ALERT: Rice Prices Remain Steady, Bangus and Chicken Prices Drop
It's hard to face high prices of food when one is hungry so it's a consolation that there are some kinds of food that have maintained a steady price over the past few months and even the past few years.
Rice is one of those food that you can count on to remain at steady prices.
According to the regular price monitoring of the Department of Agriculture, premium imported rice prices went up to P48 per kilo last March 3, and again there was a brief fluctuation in rice prices last April 1 when the price of well-milled imported rice rose P1 to P41 per kilo and special imported rice dropped P2 to P50 per kilo. However, these changes were valid for a few days only and reverted back to their previous prices respectively.
The price of local rice likewise has remained steady as well in the past few months. In fact, the price of local regular-milled rice dropped to P36 per kilo back in June 2021, the lowest it had been in 6 years. That's just P2 pesos lower than the current price of P38.
Curious what the current price of rice is in the palengkes right now? Here are the latest prices of both imported and local rice:
Imported Commercial Rice Prices (as of May 12, 2022)
- Special = P52
- Premium = P45
- Well-Milled = P41
- Regular Milled = P37
Local Commercial Rice Prices (as of May 12, 2022)
- Special = P50
- Premium = P45
- Well-Milled = P40
- Regular Milled = P38
Apart from rice, other ingredients that saw fluctuations in prices include these food items at your local palengkes:
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, and 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.
Price Alert is a weekly roundup of the prices of common goods and other ingredients monitored using the Department of Agriculture's Price Watch.
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