Sardine manufacturers to ask for bigger increase

Date

February 10, 2023

Metadata

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Classification code

PN20230210_13

Excerpt

Sardine manufacturers said they plan to appeal the price hike allowed by the Department of Trade and Industry (DTI) as it was not enough to cover production costs. The Canned Sardine Producers of the Philippines (CSAP) said P1.50 price hike announced by the DTI in the suggested retail price (SRP) of some sardine brands was just half of the P3.00 increase proposed by the organization. CSAP president Francisco Buencamino said this is unacceptable.

Citation

Sardine manufacturers to ask for bigger increase. (2023, February 10). Panay News, p. 13.