Prices of fish up by 50-80% in Iligan City


THE Department of Trade and Industry (DTI) reported Friday that prices of fish products in Iligan City which was affected by typhoon ‘Agaton’ increased by 50 to 80 percent.
According to the DTI-Consumer Protection Group (DTI-CPG) Bulletin No.3 on typhoon ‘Agaton’, the surge in prices of fish was due to low supply of fish products after the typhoon damaged the Napro-Laparan bridge which is a major link to Iligan City.
”Prices of fish shoot up to about 50 to 80 percent due to weather and transportation or handling cost caused by the damaged bridge,” DTI-CPG explained.
Prices of vegetables also increased due to less harvest because of the weather disturbance.
Prices in other products also increased in markets of Iligan City.These include: 180g Bear Brand Powdered filled milk, up by a percent; leading sardine brands such as 555, Family, Mega, and Youngstown, up by 1 to 2 percent; and, bottled water, up by 5 to 15 percent.
DTI-CPG also reported that as of 5 p.m. Thursday, there are no available NFA rice in markets monitored by the Department in Iligan City.
”(Local Price Coordinating Council) LPCC-Iligan conducted a composite monitoring at two major public markets, Pala-o and Central markets focusing on the price, supply and quality of rice, vegetables, fish and meat products. A total of 121 stores (were) monitored,” DTI-CPG noted. (PNA)

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