Vil­lar: We should not al­low traders to con­trol prices

Sun Star Bacolod - - Top Stories - BY TERESA D. ELLERA

SEN­A­TOR Cyn­thia Vil­lar said yes­ter­day that high price of sugar should be ex­plained and that traders should not be al­lowed to con­trol prices.

Vil­lar, who was a guest at the con­cert of the Philip­pine Phil­har­monic Or­ches­tra at the SMX Con­ven­tion Cen­ter yes­ter­day, said that last year, the in­fla­tion rate was high and it was at­trib­uted to agri­cul­tural prod­ucts that’s why the gov­ern­ment was alarmed.

High prices are bad for every­body, she pointed out.

They have to ex­plain why the sugar prices went up that much, she said. “If the farm­ers ben­e­fited from the sit­u­a­tion that’s good but if traders con­trol the price and are tak­ing ad­van­tage of the sit­u­a­tion, we should not al­low that.”

Vil­lar said the in­fla­tion rate last year went to up to a high level which is al­ready be­yond the nor­mal level that’s why the gov­ern­ment got wants to ad­dress the sit­u­a­tion.

The sen­a­tor also said that it’s good the sugar in­dus­try lead by the De­part­ment of Agri­cul­ture and the Sugar Reg­u­la­tory Ad­min­is­tra­tion will hold a sum­mit to take up all the prob­lems of the sugar in­dus­try.

On di­ver­si­fi­ca­tion, she said that it’s good to di­ver­sify not only in the sugar in­dus­try but also in other prod­ucts such as rice and co­conut.

“We should not de­pend on one crop alone,” Vil­lar said.

She also pointed out that’s one of the rea­sons why they came up with farm schools so that farm­ers are taught on how to be­come busi­ness­man that they should learn new farm tech­niques and the law of sup­ply and de­mand so they would know how to make pro­jec­tions of their prod­uct.

In Thai­land, Vil­lar said, sugar is cheaper that’s why our sugar farm­ers should be com­pet­i­tive to sur­vive.*


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