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Release Date :
Reference Number :
47R12-SR-2021-19

Average Wholesale Selling Price of Cereals

The average wholesale selling price of cereals in Cotabato Province show decreased except Corngrits white in 2nd quarter of 2021 compared to the same quarter of 2020. The recorded decreased, as follows; Well Milled Rice (WMR) showed the highest downscale from PHP 42.60 to PHP 36.60 with -14.08 percent. It is followed by Regular Milled with -14.90 percent decrease from PHP 41.13 to PHP 35.00. Rice Premium follows with -10.86 percent decrease from PHP 44.20 to PHP 39.40 while Rice Special has one digit decrease of -7.22 from PHP 45.27 to PHP 42.00. Meanwhile, Corngrits White is the only cereal from among the five cereals which showed an increase in its wholesale selling price in the province. It increased from PHP 26.07 in the 2nd quarter of 2020 to PHP 34.09 in the 2nd quarter of 2021 or 30.76 percent. (See Figure 1.)

Average Wholesale Selling Price of Condiment

Ginger Hawaiian is the only condiment monitored in Cotabato Province. The average wholesale selling price of Ginger Hawaiian showed a decreased of -51.65 percent from PHP181.33 in the 2nd quarter of 2020 to PHP 87.67 in the same quarter of 2021.