Tuesday, July 19, 2005

DTI Notes Price Increase of Aklan Commodities

There is sufficient supply of commodities in Aklan now but owing to the recent school opening and higher purchase price brought about by higher manufacturing and transportation costs, some school supplies and other important goods have significantly increased in prices.
This assessment is based in the Quarterly Price Monitoring Report of Provincial Director Ermilinda P. Pollentes of the Department of Trade and Industry.
Some brands of pad papers, composition notebooks, spiral notebooks, pencils and ballpens registered significant increases in prices, the report stated.
A piece of Mongol Pencil was P4.50. Now, its price is P4.75. Harton Pencil cost P2.25 each last month, now it sells at P2.50. Brands like Sunny, Victory and Faber Castell had no price increase.
Among ballpens, Uni and Panda increased prices while Reynold’s, HBW and Avanti had no price increase. Of the five top brands of pad papers from Grades I – IV 90 leaves, Universal pad increased its price per pad from P4.75 a month ago to P5.00 now, while Merit, sold last month for P11.25 per pad is now P12.00. Topline, Global and Advance brands did not raise its prices. Intermediate pads price is as is.
Most brands of composition and spiral notebooks have insignificant prices increases of less than a peso per piece.
Prices of five brands of 155 grams canned sardines – 555, Asahi, Family, Ligo and Mega, powder – filled milk, some brands of coffee like Nescafe 25 gms and Great Taste remain stable.
Among detergent bars, only Surf increased its price from P14.75 last month to P15.30 now. Prices of other brands remained the same. Tide bar even lowered its price from P23.00 per bar last month to P22.75.
Most brands of iodized salt had price increase not higher than one peso. Refined sugar, however, now costs P29.35 per kilogram from P28.10 last month, while brown sugar is now sold at P22 from P21 last month.
All brands of 25 kg. hard flour increased in prices ranging from P3.00 to P7.00 per bag. Soft flour increased by as much as four to six peso per 25 kg. bag.
Prices of the three brands of noodles: Maggi, Payless and Nissin’s Ramen did not increase.
The prevailing prices and supplies of construction materials could not be compared with last month’s due to unavailability of previous reports.
According to Mr. Rene Retiro of DTI – Aklan, supplies and prices of some six 6 schools and office supplies stores were monitored which are: 10 construction supply establishments and 10 grocery stores in Kalibo. /MP http://madyaas_pen@yahoo.com

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