date:Jul 20, 2012
Sophil executive vice president Roberto Baylosis said the reduction of canned sardines SRP will have a domino effect on them, reportsSunStar.
It will backtrack on us. The canning industries will ask us to lower our price and that will be a domino effect, Mr Baylosis, emphasised in a press conference on Tuesday speaking on behalf of Sophil.
DTI Secretary Gregory Domingo announced the decision to lower the SRP of canned sardines during the July 10 meeting of the National Price Coordinating Counc