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PIA Press Release
2007/09/13

NFA urges public to buy its rice

By Minerva BC Newman

Cebu, Philippines (13 September) -- Officials of the National Food Authority urges the public to buy NFA-rice in the wake of increasing rice prices in the market recently.

In a media interview, NFA assistant manager Jess Dongke said that NFA-rice in the market are still sold at P18/kilo and he added that they are closely monitoring the prices of rice specifically because prices of first class rice and Ganador have gone up to P35/kilo.

Dongke said, NFA enjoins the public to raise their complaints to NFA once they know of vendors that increase NFA-rice prices.

Despite rice price increases, NFA assures the public that they have more than stocks/rice supply for Cebu in case rice prices continue to increase. Its stock presently comes from Vietnam and Thailand, "very good quality of rice," Dongke said.

Erwin Goc-ong, chairperson, Grains Retailers Confederation (GRECON) also commented that prices of rice had gone up due to lack of supply as there was a decline in palay harvests in Luzon, Iloilo and in Mindanao.

Dry spells, floods and or extreme weather conditions contribute greatly to the harvests decline in rice producing provinces in the country, Goc-ong added. (PIA-Cebu) [top]

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