date:Jul 20, 2012
il (NPCC).
The new SRP, based on the pronouncement of Domingo, is lowered to P12.80 per can which will be lesser by as much as .95 centavos from the previous SRP of P13.50 to P13.75 each can of sardines, Mr Baylosis said.
Accordingly, Mr Baylosis said DTIs decision to slash the SRP was based on the report of the Bureau of Fisheries and Aquatic Resources (BFAR), which reported that the wet market price of sardine fish or tamban ranges from P20 to P32 per kilo for the months of April and May.
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