PRICES OF COMMERCIAL RICE IN DAVAO DEL SUR REMAIN STABLE
Prices of commercial rice in Davao del Sur remain stable. Continuous price monitoring of the National Food Authority in the different municipalities of Davao del Sur showed that prevailing price of Regular Milled Rice(RMR) or ordinary rice ranges from P30.00 to P35.00 per kilogram while Well Milled Rice (WMR) ranges from P35.00 to P40.00 per kilogram. Special and Premium Rice or commercial varieties of V-160 and 7-tonner were monitored at P44.00 to P47.00 per kilogram. The price trend has been stable for the past several weeks.
Region 11 Director Dianne Silva validated the said prices during her market monitoring in Bansalan Public Market, Davao del Sur and confirmed that there has been no increase in the prices of commercial rice. She likewise assured the public that NFA rice will be available in the market even during the observance of the Holy Week at P27.oo per kg. Rolling store has been deployed to augment the availability of NFA rice in depressed areas in the province.
Engr. Policarpio Fontanilla Jr., Davao del Sur Grains Retailers Confederation President and Manager of KOICA Rice Processing Complex of Davao del Sur said, “this price trend has been for several weeks now and there are no indications yet of any increase in the entire province.”
Regional Director Dianne Silva (2nd from left) and Davao del Sur GRECON President Engr. Policarpio Fontanilla (right) during an inspection at Bansalan Public Market