Philippines - Govt Prescribes Pork and Chicken Prices

The government announced suggested retail prices (SRP) for pork, chicken and also sugar during the holiday season, to be implemented in Metro Manila initially.
Thursday 3 December 2009 (8 years 5 months 17 days ago)
The government announced suggested retail prices (SRP) for pork, chicken and also sugar during the holiday season. Initially, that will be implemented in the National Capital Region and, after a review, the government might expand SRP coverage to the rest of the country.

The reference prices, issued as a non-binding guide for both sellers and buyers, were agreed upon by the government and the private sector in a meeting on Friday.

The SRPs are as follows: P41-P43 per kilogram for white sugar, P135-P145/kg for whole dressed chicken, P160-P165/kg for pork kasim and P170-P175/kg for pork liempo.

Ahead of the holiday season, prices of pork prime cuts and sugar rose late last week to P155-P190/kg and P42-P46/kg, respectively, from P150-P190/kg and P40-P42/kg the previous week, data from the Bureau of Agricultural Statistics show. Prevailing prices were also higher than the P160-P180/kg for pork, P120-P140/kg for chicken and P38-P40/kg for sugar late last month.

http://english.chinafeed.org.cn/main_itemdetail_en.php?column_id=182&item_id=6256

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