00:00The price of eggs went up because of the decreasing supply.
00:07Let's do a price check before you add to cart.
00:10Live from Blumentritt Market in Manila, here's Bam Alegre.
00:15Bam, how's the price of eggs?
00:20Maris, good morning.
00:21Here at the egg market in Blumentritt Market, the price of eggs is slowly going up.
00:28Thank you, John.
00:30Jefferson Santos is going to Blumentritt Market in Manila early in the morning to buy eggs.
00:36He has an egg stall in Pritil, Tondo.
00:38The prices of eggs are high because of the high price of eggs.
00:43Before, he could sell a tray of eggs for Php210. Now, it's Php240.
00:48It's surprising.
00:49Everyone is surprised.
00:51Why is the price of eggs going up?
00:54If we don't do anything, we'll be in trouble.
00:57You should come here to find out.
00:59One of the wholesalers in Blumentritt, Florian Padilla, also increased the price.
01:04In a case of Php1,900, they were selling eggs for Php2,000.
01:09Now, the price of eggs has gone up.
01:13The supply is low.
01:15Our suppliers seem to have a dispute.
01:19That's why they say that the supply is low.
01:22According to Agriculture Secretary Francisco Chula Aurel Jr.,
01:25there is a bird flu outbreak in America that is causing the price of eggs to go up in the world market.
01:30Millions of chickens need to be culled or killed to stop the spread of the disease.
01:34Here in the Philippines, the Department of Agriculture is working hard to stabilize the price of eggs.
01:39There is no shortage of eggs now, but according to the DA, it's possible that it will be available in April.
01:43The solution is to speed up the import of chicken eggs
01:47and to get approval from the Food and Drug Administration for an Avian Influenza Vaccine.
01:52According to the Philippine Egg Board Association,
01:55the country's supply is sufficient until April and May due to the production from farms.
01:59There is no reason for them to have a shortage of eggs.
02:10Maris, if you like scrambled eggs or sunny side up,
02:13the price of eggs will go up due to the wholesale price of eggs.
02:18It's really cheaper.
02:19They also bought some vegetables this morning.
02:22This is the first news from Manila.
02:24Aba Malagre for GMA Integrated News.
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02:30Subscribe to GMA Integrated News on YouTube and tune in to Unang Balita.
02:43Unang Balita.
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