Big supermarkets agree to P70 SRP per kilo of sugar — OPS

Big supermarkets agree to P70 SRP per kilo of sugar — OPS

By Liezelle Soriano

MANILA — The Office of the Press Secretary (OPS) announced on Friday (19 August 2022) that big supermarkets in Metro Manila have agreed to the suggested retail price (SRP) of P70 per kilo of sugar, from a high of P90-P110 per kilo in the past few days.

This, after President Ferdinand “Bongbong” Marcos Jr. ordered through Executive Secretary Victor Rodriguez to facilitate a series of talks with the owners of Robinsons Supermarket, SM Supermarket, Puregold Supermarket, and S&R Membership Shopping.

Marcos has lauded the selfless response of these businessmen who are sacrificing not just their own inventory but also their projected business profits for the sake of the ordinary Filipinos, Rodriguez said.

“This is a classic display of the indomitable Filipino spirit of ‘Bayanihan’ and love of country,” he added.

Rodriguez said SM stores have committed to selling their inventory on washed sugar at P70 per kilo while Robinson’s Supermarket pledged to unload 1 million kilos of sugar at P70.00 per kilo with 1 kilo per pack in Metro Manila.

“Puregold likewise committed to making available two (2) million kilos of refined sugar at P70 per kilo. This will give ordinary Filipinos access to cheaper sugar with more than 3 million kilos available in the market next week,” Rodriguez said. (ai/mtvn)

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