Consumers should not buy a kilogram or more of onions as its current price is now more than triple the suggested retail price (SRP), a Department of Agriculture (DA) official said Wednesday. READ:
EXPENSIVE ENOUGH TO MAKE YOU CRY.
In a separate GMA News report, the price of red onions at the Las Piñas Public Market soared to P720 per kilo on Wednesday, 20 percent higher than the P600 per kilo on Tuesday.The price increased because vendors had to pay their suppliers P680 per kilo on Wednesday, the report added. Vendors also had to pay for parking fees at the market and for shipping charges from their suppliers – even as onion prices could still rise in the next few days.
“Let’s see this coming harvest season in January and February if the onion supply will still be thin. Let’s decide by then what to do. We should ask ourselves: Are we really producing enough, or do we have to import? We may also have a problem with our government interventions as to why onion production is the way it is,” he said.
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