GENERAL SANTOS CITY - Price of rice in the city has dramatically gone done this week.
A P3.50 per kilogram decrease in the price of the most expensive variety of rice and a P5 per kg cut on the cheapest commercial rice were recorded in General Santos City Central Public Market during the past four days.
Aurora Bonjoc, one of the rice retailers in the public market, said that the arrival of a new variety of commercial rice from Luzon over the weekend pulled down the prices of local rice variety here.
"Nakabili kasi kami ng murang variety ng bigas mula sa Luzon. Doon na kami nag-aangkat ng bigas kasi mas mura ang bigas na galing ng Luzon," said Bonjoc.
The cheapest rice available in the city was now beng sold at P38 a kilo from P43 per kg last week. Rice of higher grade, meanwhile, was being sold at P44.50 from P48 per kilo a week ago.
Thousands of tons of Sinandomeng rice from the provinces of Isabela, Nueva Ecija and Aurora provinces have arrived in Mindanao. Rice retailers opted to buy the rice form the Luzon provinces because it is much cheaper that rice from Mindanao. The rice from Luzon was only being sold at P1,950 per sack compared to the more than P2,000 per sack of rice from rice dealers in Mindanao.
