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NewsTranscript
00:00Let's have a price check on sugar in the market. Suppliers are now increasing their prices. Live from Blumentritt Market in Manila, I have the first news, James Agustin. James.
00:16Good morning. As I have talked to those who are selling sugar here in Blumentritt Market in Manila, they are now increasing their purchases of sugar from suppliers.
00:25They are still able to do it, that's why they are not increasing their prices. If ever the price of sugar increases, not only those who are selling it will be affected,
00:33there will be other businessmen, like those who are selling minatamis and taho.
00:42Manuela's taho is for sale, especially if she is not saving on putting the answer, Arnibal.
00:47She is using black sugar for making Arnibal.
00:51For now, the price of sugar is not increasing. If ever it increases, she will be forced to adjust.
00:57We adjust it in a glass. We use 8 to 10 pesos, that's why we make it 5-ounce.
01:05If you adjust it, who will buy it? If the taho is already sweet. That's what you need, Arnibal. Without Arnibal, how will you buy your soup?
01:14In Rodalyn's place, she is selling minatamis, like nata de coco, for 25 pesos a 1-fort.
01:19Beans and mungo for 30 pesos. Garbanzos for 35 pesos. Kaong for 40 pesos. And makapuno for 60 pesos.
01:28She is not increasing her prices. Even partially, she is increasing her purchases of sugar.
01:32We are reducing our purchases of sugar, so that we can remain at the same price as before.
01:38It's okay for us, even if it's just a little. As long as we earn the same.
01:44In Blumentritt Market in Manila, you can buy 1 kilo of white sugar for 85 pesos.
01:49The wash sugar or segunda is 75 pesos per kilo.
01:53There is also light brown sugar, which is commonly used in the cooking of bananakyo and kamotekyo.
01:5870 pesos per kilo.
02:00The golden brown sugar is 85 pesos.
02:03While the black sugar is 95 pesos.
02:06The sellers said that partially, they have already paid for their purchases in the supplier this January.
02:11On the other hand, they haven't increased their prices yet, because they can still earn.
02:15We have already purchased our sugar.
02:18It increased a little, but we didn't increase it because we can still give it to our previous price.
02:24Maybe if we can't do it, we will increase our price of sugar.
02:30Because we are also selling sugar.
02:34Meanwhile, the sugar sellers are hoping that they won't increase their prices that much,
02:43because they said that their sales will go down if that happens.
02:46That is the first news from Manila.
02:48I am James Agustin for GMA Integrated News.