Costs of rice displayed at this stall in Mandaue Metropolis Public Market on December 6, 2024. | CDN Digital Picture by Mary Rose Sagarino
MANDAUE CITY, CEBU – Shoppers right here ought to begin tightening their belt as costs of rice on the Mandaue Metropolis Public Market are anticipated to extend subsequent week.
A number of distributors within the metropolis’s largest market introduced that their shares of rice are working out, and a slight enhance in costs could occur.
As of Friday, Dec. 6, the costs of rice in Mandaue Metropolis Public Market have remained steady, starting from P47 to P62, relying on the kind and model.
By subsequent week, the worth might rise by P50 per sack or P1 to P2 per kilo, mentioned Flor Sumalinog, a rice vendor available in the market.
Sumalinog mentioned that she wanted to extend the worth to keep up her earnings.
Nonetheless, except for low provide, one other rice vendor, Felipa Gungob, believed that the majority suppliers who will implement worth enhance are those that promote imported rice.
However Gungob talked about that the worth hikes could have a big affect on smaller retailers like herself, particularly since they buy in smaller portions in comparison with these shopping for in bulk.
She usually purchases round 100 sacks of rice, with sack sizes together with 50 kilograms, 25 kilograms, and 10 kilograms, whereas bigger distributors order as much as 500 sacks.
Gungob mentioned that she solely earns a bit of. For instance, she buys a 25-kilogram sack of rice for P1,330 and sells it for P1,380.
“Kuhaan pa sa mga bills, plastic suhol (Plus it will get deducted for different bills like plastic baggage and labor charges),” mentioned Gungob.
In the meantime, Rebecca Gorgonio, a resident of Barangay Paknaan, discovered a technique rice to save cash – to combine cheaper and dearer rice.
For her weekly finances, she purchases 10 kilos of rice, mixing 5 kilos of rice costing P48 with one other 5 kilos priced at P53 earlier than cooking.
“Akoang imix para dili siya mobukag ig luto. Ako imix kay para makadaginot sa finances (I combine them, so the grains don’t get damaged when cooking. I additionally combine them to save cash),” mentioned Gorgonio./ mme
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