The retail price of pork from Metro Manila in the Philippines is still well above the price ceiling set by the government

According to a report from the Philippines "Business Mirror" on March 22, the retail price of foodmate.
net/tag_2420.
html" class="zdbq" title="Pork related food information" target="_blank">pork in Metro Manila has remained at 320-380 pesos/kg, far exceeding the government’s maximum foodmate.
net/tag_2496.
html" class="zdbq" title="Price related food information" target="_blank">price ceiling of 280-300 pesos/kg.
.
Edwin Chen, president of the Philippine Pork Producers Federation, said that in view of the current tight supply situation, the current price is determined by the market.
Fausto, chairman of the Philippine Agricultural Products Chamber of Commerce, said that considering the cost of pig farmers, the price of pork should indeed be 330-360 pesos/kg.
Agriculture Minister Dahl is opposed to raising the price ceiling, thinking that raising the price ceiling will be a redundant measure.