Market vendors in QC caught selling agri products higher than SRP
The Departments of Trade (DTI), Agriculture (DA), Local Government (DILG), and the Quezon City Local Government issued letters of inquiry to two market vendors of chicken in a wet market for overpricing as well as for lacking price tags or signages.
This was after these three agencies recently conducted a joint price monitoring at Mega Q Mart to enforce the Suggested Retail Prices (SRPs) of ten agriculture products for all Metro Manila markets.
Vendors now have 48 hours to answer these letters or else, they will be given penalties which can range from P5,000 to P1,000,000, according to the Price Act.
Under the DA Administrative Circular 01 issued on 20 February 2020, all Metro Manila markets should follow the SRPs for selected food items, namely: pork (pigue/kasim) – P190; chicken (whole, dressed) – P130; sugar (raw, brown) – P45; sugar (refined) – P50; bangus (cage-cultured) – P162; tilapia (pond-cultured) – P120; galunggong (imported) – P130; garlic (imported) – P70; garlic (local) – P120; and red onion (imported) – P95.
“The effectiveness of the SRP implementation is dependent first on good information campaign and the cooperation among DA, DTI and the DILG with the local government units concerned, since they are the ones who supervise to the market masters in the public markets. For the retailers to comply with the SRP, the market masters must check if the traders entering their markets as well as the retailers are overpricing,” said DTI Secretary Ramon Lopez.
Agriculture Secretary William Dar added that the price change from farmgate to retail should not be more than 60 percent.