As the Christmas season nears, Department of Trade and Industry (DTI) Sec. Ramon Lopez revealed on Friday, Oct. 11, that the price of ham will soon increase.
Lopez said that manufacturers of ham sought for a price hike because the cost of pork products went up while the supply went down.
The DTI chief explained that this is the result of the culling of pigs in areas with confirmed cases of African Swine Flu (ASF), and the ban in the importation of pork products from ASF-affected nations.
“Dahil sa ASF, tumaas ang presyo talaga ng pork products na ginagamit sa hamon,” Lopez said during DZRH’s ACS Balita.
Th trade secretary said that the one company asked for a two to five percent increase in the price of ham.
He added that manufacturers feel hesitant to ask for a higher price hike because of the competition and since they expect that less people will buy ham especially after the scare caused by ASF.
“Pigil na pigil din dahil natatakot sila baka lalong hindi mabili. Ang prediction nila ngayon, mas kaunti ang bibili ng hamon dahil umiiwas yng tao sa ASF,” Lopez explained.
The DTI official assured the public that, currently, they have only received requests for an increase in ham and no other Noche Buena items.
“Yung hamon lang yung mag pag-taas. Yung ibang produkto, wala naman request sa ngayon na natatanggap ang DTI,” Lopez added.