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00:00.0
According to my sources, initially quoted a wholesale price of 85 pesos per kilo.
00:07.0
Why is this price so appalling?
00:11.0
You can actually buy refined sugar wholesale for 25 pesos per kilo in Thailand.
00:19.0
Kung matibok kang importer, you know that you will already get a decent profit
00:25.0
if you sell sugar at 61 pesos.
00:29.0
Bayad na doon ang warehousing, duties, handling,
00:33.0
at may maayos ka na na profit of 8 pesos per kilo per industry standard
00:40.0
at a wholesale price point of 61 pesos.
00:44.0
The 85 pesos asking price of all Asian imposes an additional 24 peso super profit
00:53.0
for a total of 24 plus 8, 32 pesos per kilo profit.
00:59.0
Multiplied by 440,000 metric tons,
01:04.0
ang tubo mo na lampas sa normal ay 10.5 billion pesos.
01:10.0
Malaki kung para sa tatlong traders lang.
01:14.0
Kung kasama ang normal profits, ang total ay 14 billion pesos.
01:21.0
Selling it at 85 pesos is nothing short of outrageous.
01:27.0
Parang tumama ka ng 50 times sa super loto,
01:32.0
nang hindi ka man lang tumataya.
01:35.0
Mukhang medyo nahimasmasan naman itong tatlong traders
01:40.0
and they are said to have agreed to sell the sugar at below 80 pesos.
01:45.0
Alimbawa, medyo mabait sila at ibenta nila ng 77 pesos wholesale per kilo sa industrials
01:54.0
at 77 pesos din sa retailers para kaya namang maibaba sa 85 pesos
02:01.0
ang presyo sa palengke at groceries.
02:04.0
Dahil 25 pesos lang ang wholesale price ng asukal sa Thailand
02:11.0
At sabihin mo nang may costs ng duties, handling, at warehousing,
02:16.0
ang super profits on top of normal profits
02:21.0
ng tatlong ito ay nasa 7 billion pesos pa rin
02:26.0
with the normal profits at lagpas 10 billion ang kita.
02:32.0
Sa ganong tubo na pinaghatihan lang ng tatlo,
02:36.0
di mahirap isipin kung magkano ang kickback dyan.
02:41.0
Ang asukal mo may sweetener pa.
02:44.0
No less than the office of the executive secretary
02:48.0
expressed doubts about the legality of the DA's actions
02:53.0
of choosing importers and allocating quantities to be imported
02:58.0
before a sugar order could be signed by the SRA.
03:03.0
It is a cartel that generates super profits
03:08.0
none of which will go to the national treasury.
03:11.0
Hindi pa tayo kahit kailan nakaranas ng ganitong kaggarapal na monopolyo.
03:19.0
Walang ganito kahit noong panahon pa ng martial law dictatorship.
03:24.0
Every day that we let this pass unhindered
03:28.0
is a day of burden for our consumers
03:31.0
suffering the highest prices of basic commodities we have seen in decades.