The Department of Trade and Industry (DTI) allowed salt manufacturers to increase the prices of their products.
“Itong mga manufacturers na ito ay sobrang tagal na na hindi nagtataas ng presyo. Parang umabot na ng four, five, six years bago sila nag-request ulit. So sa computations natin, talaga namang dapat lang na itaas natin ang presyo,” Undersecretary Ruth Castelo said on Thursday, Aug. 25.
The DTI raised the suggested retail price (SRP) for iodized rock salt to P21.75 for 500 grams and P23 for 1 kilogram (kg).
It also approved the P4.50 SRP for a 100-gram pack of iodized salt; P9 to P12.75 for 250 grams; P16 to P23.25 for 500 grams; and P29 for 1 kg.
Meanwhile, Castelo assured that the country has adequate supply of salt.
“On the issue of supply, we have sufficient supply,” she said.IMT
