Wholesale price of rice up by P1 per kilo
Bella Cariaso – The Philippine Star
December 21, 2023 | 12:00am
A worker arranges sacks of rice at a local rice store in Quezon City on October 4, 2023.
STAR / Michael Varcas
MANILA, Philippines — The wholesale price of rice has gone up by P1 per kilo or P50 per 50-kilo sack amid the continued upward trend in the retail cost of the grains, Federation of Free Farmers (FFF) national chairman Raul Montemayor said yesterday.
“Based on the report I received, there was a P1 per kilo (increase) in the wholesale. It slightly decreased for a while and then it went up again,” Montemayor told The STAR.
As of yesterday, the retail price of local regular milled rice in Metro Manila markets was as high as P52 per kilo; loc