Cebu Carbon Market vendors struggle amid rising oil prices

Amid oil price hikes and fewer customers, fish and flower vendors at Cebu City's Carbon Market are seeing sharp drops in earnings. Product prices like shrimp have risen by up to P100 since March 17, 2026. Transportation costs for fish carts have also doubled.

Fish vendors at Cebu City's Carbon Market, like Josephine Salientes, report scant earnings after covering rising costs. "There is little left in our salaries. Adding to the fact that rice prices have also increased. It’s pitiful that, instead of earning a little extra, this is not possible due to the fish. It’s expensive," Salientes said in Cebuano. Fish cart transportation costs have doubled from P15,000 to P30,000 due to oil price hikes. As a result, her son has paused studies for the semester, and her husband may need to work.

Relocation since July 2022 demolitions has worsened matters, moving vendors from near Freedom Park to in front of the Unit 1 building. Selling hours are now limited to 3 p.m. to 12 a.m., compared to the previous 4 a.m. to 9 p.m.

Flower vendors face similar transport cost increases. Annabelle Olanolan noted higher expenses for flowers from Davao, Manila, and Mantalongon due to gasoline. Peak daily earnings reach P10,000 to P20,000 during seasons like Valentine’s, but March sales are slow at P500 per bundle. "I had to ask for snacks from my neighbor," Olanolan said, with no income over the past three days.

Mary Gabuna awaits Holy Week bulk church purchases but fears flower spoilage. "We would have to wait. [But] the flowers, we’re at a loss already," she said. Vendors expect relocation to a renovated, smaller-stalled Freedom Park by year-end.

This stems from a Cebu City government deal with Cebu2World Development Inc., a Megawide Construction Corporation subsidiary. On March 17, around 2,000 vendors and advocates rallied for a contract review, as reported by Rappler.

Makala yanayohusiana

Illustration of long vehicle queues at closed Philippine gas stations during nationwide fuel crisis.
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Fuel crisis closes 425 gas stations nationwide

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A total of 425 out of 14,485 gas stations nationwide were temporarily closed as of March 27 due to the fuel crisis triggered by the Iran war, according to the Philippine National Police. The Cordillera Administrative Region recorded the highest number at 79, while President Ferdinand Marcos Jr. declared a national energy emergency.

Surging fuel prices are grounding more fishers in the Philippines, reducing daily catches and threatening food security, witnesses said at a Senate hearing on April 8.

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Motorcycle taxi and habal-habal drivers in Cebu City are facing reduced daily earnings due to oil price hikes linked to the US-Israel war on Iran. They report waiting up to 30 minutes for passengers and higher fuel costs, often earning less than P1,000 a day. Local governments plan subsidies while transport groups stage strikes for relief.

Despite Philippine officials securing safe passage assurances through the Strait of Hormuz from Tehran, fuel prices in Metro Manila remained elevated on April 4 amid lingering effects of the Iran war—following President Marcos' March 24 national energy emergency declaration.

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Malacañang assured the public on Tuesday, March 10, that the Philippines has sufficient supplies of fuel and basic commodities despite rising global oil prices due to the ongoing Middle East crisis. There is no reason for panic buying, the Palace said. Government agencies are closely monitoring the situation to ensure market stability.

The Land Transportation Franchising and Regulatory Board announced fare increases for nearly all public transport modes, effective March 19, amid rising fuel prices from the Middle East conflict. LTFRB Chair Vigor Mendoza called it “one of the hardest decisions of the board” due to erratic fuel surges.

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Fuel prices are moving in opposite directions today amid recent geopolitical developments that have rattled global oil markets. Diesel will increase by P0.20 per liter and kerosene by P0.10, while gasoline will decrease by P0.10, according to major oil companies.

Jumatatu, 6. Mwezi wa nne 2026, 11:58:26

Oil firms hike fuel prices again on April 7

Ijumaa, 13. Mwezi wa tatu 2026, 12:50:34

Soaring diesel prices threaten PUV drivers

Jumapili, 8. Mwezi wa tatu 2026, 21:34:46

Oil firms announce double-digit price hikes starting March 10

Jumapili, 8. Mwezi wa tatu 2026, 18:21:07

Government readies P3.5 billion for transport subsidy

Ijumaa, 6. Mwezi wa tatu 2026, 14:28:52

Steep fuel price hikes expected next week in Philippines

Jumapili, 1. Mwezi wa tatu 2026, 08:02:19

Manila mayor orders 50% fuel cut for city government amid US-Iran crisis

Jumatatu, 9. Mwezi wa pili 2026, 09:44:44

Diesel and gas prices rise again today

Jumapili, 8. Mwezi wa pili 2026, 11:15:11

Seventh straight diesel price hike since start of 2026

Jumatatu, 26. Mwezi wa kwanza 2026, 00:35:34

Diesel prices rise by P1.40 per liter starting January 27

Ijumaa, 26. Mwezi wa kumi na mbili 2025, 13:15:23

Mixed fuel price movements seen by yearend

 

 

 

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