Prices of several food items and services have begun increasing as consumers brace for a possible surge in fuel prices, affecting both vendors and households in major markets. Early adjustments in prices reflect rising transport and operational costs, which traders say could continue in the coming weeks if fuel prices climb further.
Seafood prices jump in key markets
At the Bulungan Seafood Market in Parañaque, vendors reported significant increases in the prices of some fish varieties. The per-kilo price of lapu-lapu, or grouper, rose from P300 to P400. Meanwhile, bakoko, also known as emperor fish, increased from P250 to P400 per kilo. Traders said higher delivery costs and tightening supply have already started affecting wholesale prices.
Similar adjustments were seen at the Balintawak Market in Quezon City. Vendors there said a container of fish now costs about P500 more compared to previous deliveries. To help customers manage rising costs, some sellers have begun offering fish per bundle instead of per kilo so buyers can still afford smaller portions.
Vegetable prices also climbing
Several vegetables and produce items have also seen price increases.
Eggplant sold per pack jumped from P250 to P400, while the price of squash rose from P27 to P35 per kilo. Calamansi also increased from P100 to P120 per kilo.
Vendors explained that many of these products are sourced from the Ilocos Region. If fuel prices continue to increase, transport costs may push retail prices even higher.
Because of the rising prices, some consumers said they have started buying smaller quantities, such as half a kilo, to stay within their budgets.
Transport sector warns of higher costs
The Alliance of Concerned Truck Owners and Organizations said higher shipping fees are unavoidable since nearly half of their operations rely on petroleum products. The group warned that transportation service costs could increase by 20 to 30 percent if fuel prices continue to rise.
Several transport groups have also called for fare hikes to help drivers cope with higher operating expenses.
Meanwhile, the Land Transportation Franchising and Regulatory Board reminded public utility vehicle drivers and operators to renew or update expired IDs so they can qualify for the government’s fuel subsidy program.
