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REVIEW OF RELATED LITERATURE AND STUDIES

The study aims to assess the impact of rising prices of rice and fuel on poverty in
Minglanilla, Cebu.

RELATED LITERATURE

Rice prices showed no signs of declining as it continued to hit a new high in August despite
efforts by the government to restrain the acceleration of food prices.

Prices of rice continued to be on the downward trend with consumers saving more but farmers
earning less following the influx of imported rice.

The uncontrolled price increase of rice forced us to rebuild and improve storage facilities which
will enable us to store for future purposes

The world rice market is going through a period of intense policy change and price instability.
This, in turn, has caused hardship for farmers producing for export as well as for importers
dependent on external sources for their supply of staple food.

The rice price has increased significantly over the past year, and there is much
discussion as to why this happened. A brief review of the rice market concepts: The
farmer sells paddy to whoever buys it and this ends up at the rice millers.

Source:

https://business.inquirer.net/256817/rice-prices-continue-rise-2 (Karl R. Ocampo 2018)

https://www.philstar.com/headlines/2019/10/06/1957698/rice-prices-continue-decline(2019)

https://www.researchgate.net/publication/238597982_Rice_Price_Crisis_Causes_Impacts_and_Solutio
ns(2010)

http://www.fao.org/3/v6017T/V6017T01.htm(C.Y. Yap 2010)

https://www.dhakatribune.com/opinion/op-ed/2017/10/23/rice-prices-rising(2017)
Statement Of The Problem

THIS STUDY FOCUSES ON THE POSSBLE IMPACT OF RISING RICE PRICES TO THE PROFIT

OF VENDORS ESPECIALLY ON THE PUBLIC MARKET OF MINGLANILLA CEBU. HOW CAN

THIS AFFECT PEOPLE’S DAILY EXPENSES.THIS STUDY WILL ALSO EXAMINE WHAT

CAUSES RICE PRICE TO RISE.

Question:
1.
THE EFFECT OF RICE PRICE INCREASE TO THE PROFIT RATE OF
VENDORS AT MINGLANILLA PUBLIC MARKET CEBU

Members:
Balsamo Khalil Alphonsus S.
Ritchel Tapuyao
Chellie Shane Aliganga

Lynder Grace Albiso

St. Cecilia’s College Inc.

Instructor:

Ms.Ortega ,Rolmae

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