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Small retailers welcome to lower sugar price to P70/kilo: DTI

MANILA - Small retailers are welcome to join the country's leading supermarkets in bringing down the price of sugar to PHP70 per kilo, the Department of Trade and Industry (DTI) said Thursday. This, after Trade Undersecretary Ruth Castelo bared that a number of small supermarket owners signified their intent to lower the price of white refined sugar. "They are most welcome to join us kung kaya nila na makapagbenta rin ng PHP70 per kilo na white refined sugar (if they can also sell white refined sugar at PHP70 per kilo)," Castelo said during the Laging Handa program. The owners of Robinsons Supermarket, SM Supermarket, and Puregold Price Club earlier heeded President Ferdinand "Bongbong" Marcos Jr.'s call to offer cheaper sugar to their consumers, amid the sudden spike in the prices of the commodity in the market. No deal was forged between the government and the major supermarket owners, as they only heeded Marcos' appeal to lower the sugar prices. Caste ....

Ferdinand Bongbong Marcos Jr , Ruth Castelo , Puregold Price Club , Trade Undersecretary Ruth Castelo , Laging Handa , Robinsons Supermarket , President Ferdinand , Manila Small Retailers Are Welcome To Join The Country 39s Leading Supermarkets In Bringing Down Price Of Sugar Php70 Per Kilo , He Department Of Trade And Industry Dti Said Thursday This , Fter Trade Undersecretary Ruth Castelo Bared Thata Number Of Small Supermarket Owners Signified Their Intent To Lower The Price White Refined Sugar Quot They Are Most Welcome Join Us Kung Kaya Nila Na Makapagbenta Rin Ng Php70 Per Kilo If Can Also Sell At , Uot Castelo Said During The Laging Handa Program Owners Of Robinsons Supermarket , M Supermarket , Nd Puregold Price Club Earlier Heeded President Ferdinand Quot Bongbong Marcos Jr 39s Call To Offer Cheaper Sugar Their Consumers , Mid The Sudden Spike In Prices Of Commodity Market No Deal Was Forged Between Government And Major Supermarket Owners , S They Only Heeded Marcos 39 Appeal To Lower The Sugar Prices Castelo Reminded Small Groceries That Incentive Could Get From Government Is Promotion Of Their Business , N Exchange For Their Commitment To Lower The Prices Of Sugar Quot So , 9 Yung Maliliit Na Supermarkets Kung Okay Sa Kanila For The Small , F It 39s Okay With Them , Hey Can Signify Their Intention Para Maisali Rin Natin Doon Sa Programa So That We Include In The Program And Also Help Promote Them , Uot She Said Sm Stores Vowed To Sell Their Inventory On Washed Sugar At Php70 Per Kilo , Hile Robinsons Supermarket And Puregold Promised To Unloada Million Kilo Each At Php70 Per Pack Of One Consumers Can Only Purchase Sugar Avoid Possible Household Hoarding By Some Enterprising The Marcos Administration Is Stepping Up Its Campaign Against Hoarders Profiteers Lower Price Malacanang Also Ordered Law Enforcement Authorities Visit Inspect All Customs Bonded Warehouses Check On Inventory Imported Agricultural Products Monday , He Office Of The President Confirmed That Supposed Shortage In Country Is Quot Artificial And Merely Caused By Hoarding Unscrupulous Traders Pna ,