The Department of Trade and Industry (DTI) Batanes Senior Trade and Industry Development Specialist Mr. Jonathan Gato led the special price monitoring of basic and prime commodities as well as construction materials in Batanes public markets last May 11, 2015 as soon as typhoon Dodong weakened around 9:40 a.m.
The strength of typhoon Dodong was forecasted by the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) to be at 50 kilometers south of Basco, Batanes sustaining maximum winds of 160kph with 195kph gustiness putting the province under storm warning signal No. 4.
Mr. Gato said that, typhoon Dodong did not make any adverse significant changes in the prices of commodities because there is sufficient supply of products which are still from their old inventory.
“Shipment of commodities is expected on May 13, Wednesday,” he added.
Mr. Gato also urged the public to report to DTI those unscrupulous sellers who will take advantage of the situation that might unjustly sell, hold or hoard products and supplies.
Other members of the special price monitoring team are Ms. Analyn M. Villa and Ms. Meryll Hortiz.
DTI is one of the compelling arms of the government that ensures compliance of traders to Fair Trade Laws. The price monitoring is a standard procedure conducted by DTI to safeguard the interest of consumers by ensuring that products being sold are within the set standard retail price.