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Increase in supply brings down pork prices in Laoag

PRICE WATCH.A bagnet (deep fried pork belly) vendor in Laoag City, Ilocos Norte makes more sales now as pork supply has become more stable. Currently, pork bagnet is sold at PHP630 per kilo at the Laoag supermarket as compared to PHP700 per kilo last month.(File photo by Leilanie Adriano) LAOAG CITY -Pork prices saw a drop in prices in this city this week owing to increased inventory of local supply. Blenda Almo, office-in-charge of the Laoag City Commercial Complex, said Monday market goers are seen buying more meat this time as pork liempo or pork belly saw a PHP30 drop in prices, ending at PHP330 per kilo while pork shoulder dropped to PHP250 per kilo. "We are inviting everyone to take advantage of the price drops at the supermarket as these are sold fresh instead of frozen," she said as she expressed hope the price drop will be sustained to benefit more consumers. But on the part of backyard raisers like Alex de Lara from Pila village, he said animal feeds should likewise

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