00:00Tomatoes are very cheap in some families. They say they are selling because there is a lot of supply.
00:10Let's add to cart with the first live news of EJ Gomez. EJ.
00:15Igan, here in Pasig Megamarket, the price has dropped.
00:23Tomatoes are one-fourth, only 10 pesos.
00:27Each kilo is 40 pesos.
00:29The price has gone up because of the oversupply.
00:36At 5 in the early morning in Pasig Megamarket,
00:38the market is busy picking the overripe tomatoes.
00:43Because there is a lot of supply now, they often go out of business.
00:47Their selling price is only 10 pesos per one-fourth.
00:51Sometimes, it goes up to 5 pesos.
00:55What we do is to get the harvest back.
00:58We lower the price.
01:00If there are overripe tomatoes, sometimes it goes up to 5 to 10 kilos.
01:04Some people are still buying, especially those who are saving.
01:09They will only use the tomatoes for sautéing or as a side dish.
01:13They say their tomatoes are from Nueva Ecija.
01:16Their tomatoes are of good quality.
01:18The farm gate price of tomatoes varies from 4 to 5 pesos per kilo
01:23according to the group Samahang Industriya ng Agrikultura o SINAG.
01:26Because of their oversupply.
01:29They are calling for a floor price to get the harvest back.
01:34Mother Magdalena has been selling tomatoes for a day.
01:38Now, tomatoes are cheap.
01:40She says it is not missing from her list of things to buy.
01:43I am able to save a lot.
01:45I buy this almost every day.
01:49To be honest, it is really worth it.
01:51Because there is a time when it becomes expensive.
01:55It can reach 300 to 250 pesos.
02:04We will do our best to inform the Agriculture Department
02:08regarding the oversupply and the low price of tomatoes.
02:12Meanwhile, according to some vendors,
02:15the price is a bit high.
02:16Because even if the price is cheap,
02:19it cannot be stocked by the buyers
02:22because it will get rotten or damaged quickly.
02:25So the ending is that the vendors are destroying our vendors
02:28now that there is an oversupply.
02:30That is the first news from Pasig City.
02:34EJ Gomez for GMA Integrated News.
Comments