Consumer group calls for strict implementation of SRP on basic goods

Marje Pelayo   •   December 18, 2019   •   932

MANILA, Philippines – Republic Act 7581 also known as the Consumer Price Act of 1992 aims at protecting the consumers and their rights.

One of the provisions of the law is the implementation of a Suggested Retail Price (SRP) for each of the basic commodities in the local market.

SRP is the recommended price at which the retailers sell their products and according to former Trade undersecretary now Laban Konsyumer president, Atty. Vic Dimagiba, prices of goods may be lower but not above the SRP.

“Iyon ay nagsasaad na ang presyo ng isang produkto ay makatuwiran at nararapat lamang at hindi malulugi ang negosyante at hindi naman mabigat sa consumer (It sets the price of a product into a reasonable amount acceptable to both the manufacturer or the business owner and the consumer),” Dimagiba explained.

The former Trade official said the Department of Trade and Industry (DTI) should be consistent and strict in enforcing the SRP to make sure that the prices of basic commodities go with the standard.

Anyone who will violate the law on SRP can be considered profiteering and violators may face penalties of P5,000 to P1-M.

Such a crime is akin to not placing proper price tags on goods.

Dimagiba noted the importance of price tags, as it is a way for consumers to check if the prices of goods are according to SRP.

“Kapag nakita mong above SRP bigyan mo ng show cause order ang retailer (When the price is above SRP, the retailer should be sent a show cause order),” he said.

“Pagpaliwanagin mo siya kung bakit lumampas siya doon. Kasi sukat na yung kita mo doon na hindi ka na malulugi (The retailer should explain why they went above the SRP because the profit should already be incorporated in the SRP), ” he added.

This year, several products have shown frequent mark ups, according to the group.

“Number one produkto na tumaas ang SRP kulang-kulang siguro P4.00 ang isa ay ang de latang sardinas, ang gatas, at ang kape. Itong taon na ito three to four times sila, (The primary products that showed price increase of up to P4.00 include canned sardines, milk and coffee. Just this year, there had been an increase of three to four times on these items), Dimagiba explained.

The group calls for an SRP on meat and chicken, adding that the price of rice should also drop from P38 to P40 per kilogram to a reasonable price of P32 per kilogram. MNP (with details from Rey Pelayo)

DA to release SRP on pork next week

Marje Pelayo   •   May 6, 2021

MANILA, Philippines – The Department of Agriculture (DA) is set to release a new suggested retail price (SRP) on pork next week alongside the implementation of increased tariff.

“We will have a new SRP based on this EO that will set the new tariffs,” Agriculture Secretary William Dar said.

The official added that consumers will surely benefit from the SRP and the supply of pork will be replenished through importation.

Dar added that this is just among the solutions of the government to address the impact of African Swine Fever (ASF) on the local hog industry.

Coinciding with this measure is the ingoing repopulation of hogs.

Meanwhile, the price of pork in major markets in Metro Manila remains at P340 to P400 per kilogram.

Based on the estimate of the Meat Importers and Traders Association (MITA), they can still supply pork at P320 per kilogram retail price.

This is much lower than locally produced meat even after the government’s newly imposed tariff on pork.

“Ngayon pagtaas uli ng 5% siguro baka mga P315/kg or P320/kg. Baka dyan po babagsak ang bagong SRP,” said MITA president Jess Cham.

But for the group, Samahan ng Industriyang Agrikultura (SINAG), the price of imported pork should drop further because the cost of importation is way cheaper.

The group argued that the government is losing about P13 billion on tariff thus it is just for consumers to enjoy lower price of pork meat.

“Iyong suggested retail price ng imported ay gawing P200 para at least ay pumunta doon sa consumer yung nawala na taripa,” said SINAG president Rosendo So said.

Currently, DA’s SRP on imported pork ranges from P270 per kilogram to P350 per kilogram. MNP (with reports from Rey Pelayo)

DA to impose SRP on imported pork beginning April 9

Marje Pelayo   •   April 7, 2021

MANILA, Philippines — The Department of Agriculture (DA) will be imposing a suggested retail price (SRP) on imported pork which is now cheaper than locally produced meat.

At present, the price of kasim is P270 per kilogram; while liempo costs P350 per kilogram.

Likewise, the DA will require importers and retailers to put proper labeling in each package for easy distinction and for the protection of consumers.

“The DA thru the NMIS-the National Meat Inspection Service will require importers to package their pork, of course, those 2 categories– Liempo or Kasim, into salable packages of 1 kilo or 500 grams,” said Agriculture Secretary William Dar.

Thursday (April 8) is the last day of a two-month implementation of the price cap on pork and poultry meat.

The DA plans to focus on additional strategies to prevent a further spike in the prices of such commodities.

The DA sees a possible importation of pork meat and a lowering of tariff.

But while this strategy remains pending approval, the DA will continue transporting pork from African Swine Fever-free provinces to Metro Manila to stabilize supply.

The agency also sees the repopulation of pigs in ASF-free areas.

“Iyong dati, iyong price cap will not solve the problem. Ang bottom line pa rin ay supply,” noted Dar.

“Price capping is just one of the measures. So to stabilize prices talaga you have to complete those other measures to be in place,” he added.

The DA has allocated P45-M for the procurement of freezers which will be provided to retailers.

A compliance monitoring team will also be created to ensure that retailers are observing and following the SRP.

For its part, the Trade Department hopes that an additional supply of pork will help stabilize the prices.

“I think P320 to P350 hopefully will be the ideal price moving forward. Given maybe the expected supply asahan natin na dyan po iikot ang presyo in a way medyo istable na,” said DTI Secretary Ramon Lopez.

But for consumers, the implementation of the price cap remains best as they hope to hear the result of the investigation on the alleged manipulation in pork prices as soon as possible.

“Dito sa SRP suggested di ba? Suggested retail prices. So malikot pa rin ang presyo sa palengke,” said the group’s representative Atty. Vic Dimagiba. MNP (with reports from Rey Pelayo)

DA eyes SRP for pork, chicken after price cap

Marje Pelayo   •   April 6, 2021

MANILA, Philippines — The Department of Agriculture (DA) believes that the implementation of the price ceiling has been effective in controlling the prices of pork in the country.

This, even if the P270 to P300 pesos per kilogram price cap was not followed in the past two months.

Prior to the price ceiling, pork products were sold at a staggering P450 pesos per kilogram specifically in February.

“Successful ang overall lahat ng measures towards the price cap at least hindi na umabot ng P400 (per kilo),” noted DA Secretary William Dar.

Now, prices of pork in Metro Manila markets range from P350 to P400 pesos.

The DA is currently looking into setting a suggested retail price after the lifting of the price ceiling for pork and chicken on April 8.

“We are looking at the SRP structure pero wala pa kaming recommendations. We will finalize before April 8,” Dar said.

The DA will also assess if it will continue the transport assistance for hog raisers from provinces delivered in Metro Manila.

A group of dealers and vendors in the Commonwealth market, opposes the setting of SRP but favors the implementation of a price cap.

“Mas lalong walang masusunod na presyo dyan kasi suggested retail price lang yan… pwedeng magkaroon sila ng dayaan mataas ang baboy si ganito, pwedeng magsinungaling,” said meat dealer Toto Rillo.

Meanwhile, the farmgate price of chicken decreased by P40 pesos per kilogram since March 12.

The United Broiler Raiser’s Association said this is the effects of the past holiday season and the reimplementation of the enhanced community quarantine (ECQ).

“May impact na talaga lack of purchasing power nung consumers, down talaga ang economy natin. Ang curfew nila ngayon is 6 o’clock. Malaki nawawala sa demand. kahit yung mga lechon manok apektado,” noted Atty. Bong Inciong of the United Broiler Raiser’s Association (UBRA).

UBRA favors the implementation of SRP provided that prices will be recomputed to reflect the appropriate price.

The group, on the other hand, opposes the implementation of the price ceiling.

“The price cap will be counterproductive because you are distorting the prices. maraming mawawalan ng gana because you are distorting the prices and the incentives to be produce or import to increase supply,” it said. MNP (with reports from Rey Pelayo)

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