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)