Prices go up for oil, cod, yucca and plantains
Diario Libre
SD. The commercial sector provided price increases for basic foodstuffs since last December sue to the increase in raw materials, petroleum and its derivatives, increases in interest rates and the exchange rate.
According to a survey by the Diario Libre in markets, corner stores and supermarkets, as of now the products that have undergone price increases since December are plantains, which are getting scarce in markets, cooking oil, potatoes, yucca, cod, and yams (ñame).
However, the trend towards lower prices on products such as poultry, garlic, red onions, sugar, continues, while other items such as rice, coffee, beans, and vegetables are stable in the opinion of retailers and wholesalers.
As a result, cod went from RD$110 a pound in December to RD$120 this month, an increase of RD$10.00; cooking oil saw a gallon go from RD$275 to RD$375 in the markets, an increase of RD$100, but in the supermarkets it can be purchased for RD$300 or so, depending on the brand.
Likewise, a pound of potatoes increased by two pesos in markets, going from RD$15 to RD$17 this month. The yucca also increased by two pesos, and went from RD$10 to RD$12, while the "name" or white yams increased RD$5.00, going from RD$20 to RD$25 a pound.
In the meantime, plantains went up a peso, going from RD$11 to RD$12 in corner markets and in some supermarkets, but in wholesale markets they were RD$6 for the smaller ones and RD$9 for the larger, although the street sellers were selling them at RD$13 and RD$14 each. Yesterday there was a scarcity of the product in some markets.
In the Farm Fair there were few places selling plantains. The owners of the sales spots said that they were buying the product in the countryside at RD$1.400 a load (200 units), putting the unit cost at RD$7 pesos, and they were sold at RD$9, but they said that the price would go up since the freight haulers have increased the price of a load by RD$500.00.
There were complaints that the Ministry of Agriculture was planting more of the Fiat 21 variety of plantain that is not one of the traditional varieties, which the people do not like, instead of the Barahona or Cibao variety that are widely in demand.
The price of rice continues to be the same in corner stores, supermarkets as well as in smaller markets, with prices varying from RD$18 and RD$20 a pound; the pinto beans are still RD$35 in corner stores and RD$33 in markets; white beans are RD$30 and black beans are RD$25 since last December, and the red bean is RD$35, RD$38 and RD$40 a pound.
Poultry is sold in corner stores at RD$38 a pound and in supermarkets at RD$39, which is two or three pesos less than in December, when the Christmas festivities increased the consumption of this type of meat.
Coffee continues to be RD$10 a little packet since last October. Red onions, that were at RD$45 are now between RD$35 and RD$38 in corner stores and markets, although in supermarkets they are still at RD$45.
This product, the same as with garlic, was imported in December. Garlic was quoted at RD$115 and RD$120 a pound at corner stores, and in wholesalers at RD$100, but some months ago it reached RD$150 a pound.
Lower prices
The prices of sugar are still low, both in corner markets as well as in the supermarkets. A 125 pound bag of refined sugar was being sold for RD$2,300 in December at wholesalers, and reached the owner of a corner store at RD$18.40 a pound, and was sold at RD$22 a pound to consumers. But now, the 125 pound bag reaches the market at RD$2,000, and it is sold to the public at RD$18 and RD$19, which is a two or three peso reduction. The brown sugar reaches the consumer at RD$16, a peso less than in supermarkets. This product has gone up, but the price is stable with a slight tendency to go down.
According to a survey by the Diario Libre in markets, corner stores and supermarkets, as of now the products that have undergone price increases since December are plantains, which are getting scarce in markets, cooking oil, potatoes, yucca, cod, and yams (ñame).
However, the trend towards lower prices on products such as poultry, garlic, red onions, sugar, continues, while other items such as rice, coffee, beans, and vegetables are stable in the opinion of retailers and wholesalers.
As a result, cod went from RD$110 a pound in December to RD$120 this month, an increase of RD$10.00; cooking oil saw a gallon go from RD$275 to RD$375 in the markets, an increase of RD$100, but in the supermarkets it can be purchased for RD$300 or so, depending on the brand.
Likewise, a pound of potatoes increased by two pesos in markets, going from RD$15 to RD$17 this month. The yucca also increased by two pesos, and went from RD$10 to RD$12, while the "name" or white yams increased RD$5.00, going from RD$20 to RD$25 a pound.
In the meantime, plantains went up a peso, going from RD$11 to RD$12 in corner markets and in some supermarkets, but in wholesale markets they were RD$6 for the smaller ones and RD$9 for the larger, although the street sellers were selling them at RD$13 and RD$14 each. Yesterday there was a scarcity of the product in some markets.
In the Farm Fair there were few places selling plantains. The owners of the sales spots said that they were buying the product in the countryside at RD$1.400 a load (200 units), putting the unit cost at RD$7 pesos, and they were sold at RD$9, but they said that the price would go up since the freight haulers have increased the price of a load by RD$500.00.
There were complaints that the Ministry of Agriculture was planting more of the Fiat 21 variety of plantain that is not one of the traditional varieties, which the people do not like, instead of the Barahona or Cibao variety that are widely in demand.
The price of rice continues to be the same in corner stores, supermarkets as well as in smaller markets, with prices varying from RD$18 and RD$20 a pound; the pinto beans are still RD$35 in corner stores and RD$33 in markets; white beans are RD$30 and black beans are RD$25 since last December, and the red bean is RD$35, RD$38 and RD$40 a pound.
Poultry is sold in corner stores at RD$38 a pound and in supermarkets at RD$39, which is two or three pesos less than in December, when the Christmas festivities increased the consumption of this type of meat.
Coffee continues to be RD$10 a little packet since last October. Red onions, that were at RD$45 are now between RD$35 and RD$38 in corner stores and markets, although in supermarkets they are still at RD$45.
This product, the same as with garlic, was imported in December. Garlic was quoted at RD$115 and RD$120 a pound at corner stores, and in wholesalers at RD$100, but some months ago it reached RD$150 a pound.
Lower prices
The prices of sugar are still low, both in corner markets as well as in the supermarkets. A 125 pound bag of refined sugar was being sold for RD$2,300 in December at wholesalers, and reached the owner of a corner store at RD$18.40 a pound, and was sold at RD$22 a pound to consumers. But now, the 125 pound bag reaches the market at RD$2,000, and it is sold to the public at RD$18 and RD$19, which is a two or three peso reduction. The brown sugar reaches the consumer at RD$16, a peso less than in supermarkets. This product has gone up, but the price is stable with a slight tendency to go down.
Diario Libre
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