Department of Agriculture begins holiday monitoring of agricultural pricesAside from the expected high demand for various farm products during the holiday season, he said typhoons might also affect the prices. “The consumption of local chili is not that big as it is only used for sauces, for other spices and condiments but we support our value industry like local chili,” Panganiban said. According to Panganiban, the BPI is closely monitoring the production of local chili with the expected demand this Christmas. Based on monitoring of the DA, local chili is sold between P500 and P800 per kilo in Metro Manila markets. Panganiban expressed confidence that retail prices of local chili will go down before Christmas.
