Thursday 17 August
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Prices of rice in Mindanao remains stable amid Martial Law

The prices of rice in Marawi City and the entire Mindanao has remained stable, state-run grains agency National Food Authority (NFA) assured as it dismissed reports that commercial rice in some areas in the region is now being sold as high as P225 per kilogram or P5,000 per sack.

NFA said, however, that there has been a little increase in the prices of rice but at only P1 per kilogram (/kg) to P2/kg in some areas.

In Saguiaran town, a town next to Marawi where there are four accredited retailers, the price of well-milled rice (WMR) is now at P50/kg to P53/kg but there is no available regular-milled rice (RMR).

NFA rice, on the other hand, is being sold at P27/kg. Sources of rice in the area are from Iligan City, NFA Iligan City, Cagayan de Oro, Molave and Bukidnon.

In the municipalities of Marantao (which has nine retailers) and Balindong (with three retailers), WMR is priced at P50 to P56/kg and no RMR. Source of rice are Cotabato City and Pagadian.

“Six retailers operate at MSU market. WMR is sold at P56/kg and no RMR. There was only one bag of NFA rice seen at the time of canvass (June 12, 2017). Maybe, it was the remaining rice from our last release on May 22, 2017. Very few stocks remained in their possession as residents, including students, already evacuated the place due to the ongoing fighting between government troops and Maute terrorist group,” said NFA Lanao del Sur Manager Hadja Sittienaidah D. Sampaco.

“The municipalities within the Basak area (Ramain, Buadi Puso Buntong, Bubong, Mulondo, Tamparan, Taraka, Masiu and Butig) can be reached by either passing through Marawi or Ganassi. In these places, the price of rice may be higher because they cannot be easily penetrated. Farhana Maute, mother of the Maute brothers, was captured somewhere here. Also, this is where some of their relatives live,” she added.

The NFA is now also looking into the possibility of fielding rolling stores to assure residents in conflict-stricken Marawi of enough rice supply and arrest threats of irrational price hikes of the staple.

Meanwhile, the NFA has already released a total of 9,992 bags of rice as of June 16, 2017 to various relief-giving agencies and organizations for distribution to the victims of crisis in Marawi City.



 

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