Assistant Secretary Kristine Evangelista of the Department of Agriculture said they were considering a P250-a-kilogram SRP for red onions based on the recommendation made during a recent stakeholders’ meeting. READ:
Last October, the DA issued a directive setting an SRP of P170 a kilo to arrest the big price increases in public markets.As of Dec. 29, however, locally produced red onions were still being sold from a low of P540 a kilo to a high of P700 in markets in the National Capital Region, according to the price monitoring report of the DA. Imported onions, on the other hand, were selling for P600 a kilo.This meant a more than three-fold increase from P180 to P220 a kilo a year ago.
“If importation is the only way to reduce the prices of onion, then, the DA could probably allow this even during the holidays when the demand of this product is high,” he said, citing this was allowed in the case of rice to temper the rising price of the Filipino staple.“Although farmers and retailers are benefiting from the high cost of onion, we consumers are heavily affected by this,” Horario pointed out.
“[It affects] big food businesses to ‘karinderias’ , and even down to the families preparing simple meals,” he noted, citing that onion is not a food luxury but is a crucial ingredient in many dishes.One of the suggestions made by the RAP official is for lawmakers to initiate an investigation on the cause of the skyrocketing prices of red onions.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Red onion SRP raised to P250 per kilo; market prices remain much higherEven with the 47% jump in suggested retail price, the real price of red onions in the market is even higher, reaching up to P700 per kilogram.
Read more »
A sets P250/kilo SRP for red onionsThe Department of Agriculture (DA) on Thursday set a suggested retail price of P250 per kilo for red onions amid reports that the bulb is being sold for more that P700 a kilo in...
Read more »
DA sets P250/kilo SRP for red onionsThe Department of Agriculture (DA) on Thursday set a suggested retail price of P250 per kilo for red onions amid reports that the bulb is being sold for more that P700 a kilo in some areas. Read more:
Read more »
Hefty penalties await traders, retailers found violating SRP for onionTraders and retailers who will violate the suggested retail price bulletin on red onion that will be issued on Dec 30 may face fines ranging from P5,000 to P2 million, as well as imprisonment of five to 15 years. | AldenMonzonINQ /PDI
Read more »
DA sets prices of red onion at P250 per kilo until 1st week of JanuaryThe DA issued an order setting the price of red onion in Metro Manila wet markets at P250 per kg until the first week of January, amid the skyrocketing prices of the agricultural commodity in local stores. READ:
Read more »
DA sets prices of red onion at P250 per kilo until 1st week of JanuaryMANILA, Philippines — The Department of Agriculture (DA) on Thursday issued an order setting the price of red onion in Metro Manila wet markets at P250 per kilogram (kg) until the first week of
Read more »