Any price reduction is welcome news, but I would hardly call it a “crash” in egg prices. The prohibition might have even raised the rates, thus negating any price “crash” at the farm gate. Today the lowest retail price for white refined sugar in the wet market is P80 a kilo; in the supermarkets, the price can be as high as P110. * * *For rice, a farmers’ group said this week that the average retail price of well-milled rice had gone down by P2, to P52 a kilo. In my part of town yesterday, rice retail prices ranged from P50 to P56 for non-special varieties.

Source: Philippine Star February 15, 2024 20:30 UTC