The import of 1 . 5 million tonnes of wheat at a landed cost of over Rs700 per quintal ordered by the predecessor UF government has brought down the domestic prices to below Rs500 per quintal.
22.
Under the proposed plan, the NFA will bring in the yellow corn duty-free at a landed cost of around P5.70 per kilo and will be sold to animal raisers and feed millers at P6.25 to P6.50 per kilo.
23.
Oil refiners will need to raise petroleum product prices by as much as 44 centavos a liter on average to cover increases in the landed cost of crude and a weaker peso, a top oil company official said yesterday.
24.
"We can export our machines to Japan and Europe with a landed cost that is competitive, " even at current exchange rates, said James Gleason, chairman of Gleason Corp ., a big machine-tool manufacturer based in Rochester, N . Y.
25.
The latest information from the five-man regulatory board indicated that the exact figure will depend on whether the initial automatic pricing formula will make use of the landed cost of imported crude oil as part of the basis for its computations.
26.
Under the proposed plan, the NFA will bring in the yellow corn duty-free at a landed cost of around P5 . 70 per kilo and will be sold to animal raisers and feed millers at P6 . 25 to P6 . 50 per kilo.
27.
Oil Firms'Claims-- BREAKERIn its petition filed last Dec . 29, Pilipinas Shell Petroleum Corp . sought an increase of at least P1.4025 per liter, comprised of P0.6025 to align current prices to the November and December 1997 crude landed cost and P0.80 for OPSF claims.
28.
After due notice and hearing, the board has the power to formulate a market-oriented formula to determine the WPP of petroleum products based solely on the changes of either the Singapore Posting of refined petroleum products, the Singapore Import Parity or the crude landed cost.
29.
The report said it could not understand why a ton of basmati rice, with a landed cost of between dlrs 1, 000 and 1, 170 should retail at between dlrs 2, 200 and 2, 800, even though no tax is imposed on the sale of rice.
30.
SPP, meanwhile, refers to the price of petroleum products posted by oil refineries in Singapore, while SIP denotes the landed cost of petroleum products imported from Singapore at a freight-on-board ( FOB ) price equal to the average Singapore posted price for the product at the time of loading.
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