Flour price posts increase

The price of flour being landed in Palawan has increased by an additional P40 to P50 per bag, but bread makers remain confident this will not immediately impact on the prices of bread sold to the public.

Angel Lucero, a local flour distributor, said 3rd class flour which used to fetch for P580 per bag is now sold at P620 per bag, while the P730 per bag 1st class flour is now at P775 per bag.

It was learned that the increase was effective last week.

Lucero said the increase is still “insignificant” considering the fluctuation in the price of the flour in the previous years.

“Sa totoo lang ay nagbabalik lang naman siya sa presyo niya eh. Noon nga ay sumobra pa ‘yan ng P900”.

In 2015 the prices of local premium flour is at the P900-P930 range for a 25-kilogram bag.

She said she does not see this to affect the prices of bread and other related products.

There was no observed increase in prices of bread in bakeries in the city. A bakery keeper admitted that they already purchased several bags of flour in a local distributor but they have no plans of increasing the prices of their products.

“Hindi naman siguro makakaapekto ito. Mas mahal nga ‘yung harina dati, eh. Siguro ay makakabawi pa man kami sa size ng tinapay,” a bakery owner said.

“We are just a small player na nagdadala lang ng produkto, mas gusto nga natin na bumababa eh kasi ang tao naghahanap ‘yan ng mura. Kung ikaw (businessman) magtaas ka at mawawalan ka ng suki niyan,” said Lucero.

“Hindi naman namin bibitawan nang basta-basta na parang drop like a hot potato na lang, kasi nagtaas ng presyo si supplier, si supplier naman is very supportive to us at hindi rin naman kami pinabayaan nila, ”she added.

“So kahit may pagtaas man ng presyo, tanggapin po natin. We need to survive in such a way na hindi rin naman tayo nalulugi. Break even lang,” she said.

The Philippine Association of Flour Millers (PAFMIL) had said the country’s wheat flour milling industry is set to face a challenging year this 2017 with the entry of new competitors. Flour consumption, including imports, reached 84.6 million for 25 kilogram-bags. PAFMIL’s data showed that the country imported 2.6 million metric tons (MT) of wheat in 2016. Of the total, 95 percent came from the US.

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