Suspecting hoarding as one of the culprits behind the spike in onion prices, the Department of Agriculture is seeking the assistance of local governments to monitor cold storage facilities in their respective areas. | jordeenelagare /PDI
“As of now, we don’t have the police power except for ensuring the safety of cold storage,” he said.
“But police power and so far as compelling the traders to release the onions [we don’t have that] … perhaps local governments on the business permits or maybe strengthening the implementation among local governments so that it can help us in stabilizing the prices by releasing the onions in cold storage facilities purchased at lower prices,” he added.
The DA is also considering the importation of 22,000 metric tons of red and white onions via the government to government scheme to bring down onion prices.The DA will also take into consideration various factors such as cost structure, timing and where the bulbs will be stored to find the balance between price stability and livelihood of local producers.
The details of the proposed importation will be finalized in the succeeding meetings with industry stakeholders.In Metro Manila, local red onions were being sold from P160 to P200 per kilogram as of Tuesday against P80 per kg a year ago, based on the DA’s price monitoring.Your subscription could not be saved. Please try again.
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