Manila Bulletin
DTI obtains commitment from suppliers, retailers of no price increase for medical masks
The Department of Trade and Industry (DTI) is monitoring market prices for face masks following the Taal Volcano eruption, with N95 masks selling for P120 to P150 and surgical masks increasing from P1 to P4.
To address the surge in demand and depleted stocks, the DTI has secured commitments from suppliers and retailers to maintain current prices and ensure restocking, particularly in affected areas.
The DTI has warned that retailers found to be unreasonably increasing prices could face charges of profiteering and be dealt with to the fullest extent of the law.
Prices for basic goods and commodities are expected to remain unchanged from the September 30, 2019 DTI Suggested Retail Price Bulletin.
The DTI is coordinating with the Department of Health (DOH), which has jurisdiction over medical supplies like face masks.
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The Department of Trade and Industry (DTI) has charged 12 out of 17 business establishments in Bambang, Manila, with alleged profiteering on N95 masks and other medical supplies.
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Manila Vice Mayor Honey Lacuna-Pangan ordered an investigation into reports of overpriced N95 masks being sold for up to P200 each following the ashfall from Taal Volcano's eruption.
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The Department of Trade and Industry (DTI) assures the public of a stable supply of N95 and N88 face masks during the Taal Volcano eruption.
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Supplies of face masks have run out in many stores in Metro Manila, nearby provinces in the south, and Antipolo City as Taal Volcano continued to spew ash.
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The Department of Health (DOH) has implemented a price freeze on 218 basic essential medicines and medical supplies in areas affected by the Taal Volcano eruption, including Batangas province.
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