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PIA Press Release
2009/02/12

NFA-ARMM assures enough rice supply

Cotabato City (12 February) -- Local officials of the National Food Authority in the region has assured consumers that the agency has sufficient rice supply in the market.

The assurance was made in the wake of the noted price increase in the prices of commercial rice in the local market.

NFA-ARMM regional director Atty. Emilio Andrion, Jr., confirms the increase of P2 to P3 per kilo in prices of commercial rice following an inspection of various outlets and local market.

Andiron said, the increase is reasonable considering that palay harvest season is over.

"Alam nyo kasi, tapos na ang ani at nakapag-procure na tayo ng palay, kaya expected na dapat ang presyo ng bigay ay tataas na rin," Andrion said.

Since NFA-ARMM has procured sufficient palay, he said, they are in the process of augmenting rice supply in the market intended for the consumers.

With the prevailing P33 per kilo of commercial, there's no cause for alarm on the part of the consumers, he said.

"In so far commercial rice stocks in concerned, tama iyong presyo. Remember the price of palay per kilo is P17," he stressed.

Converting the palay procurement price of P17 into rice, it must be around P34.00 per kilo, Andrion said.

"We'll see to it that the price is stabilized, that's our mandate," he assured. (PBC/PIA Cot City) [top]

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