The Bureau of Plant Industry (BPI) expects onion prices to remain steady until November and said they do not see them reaching last year's steep prices, which ranged from P500 to P700 because of the scarcity of supply.
The Bureau of Plant Industry expects onion prices to remain steady until November and said they do not see them reaching last year's steep prices, which ranged from P500 to P700 because of the scarcity of supply.
“We have 10,843 metric tons of white onions and 98,393.86 metric tons of red onions as of April 20. We expect it to last until November,” Gesmundo said. Castro, however, noted that having enough supply is not the only way to keep onion prices stable given that food, including onion prices, are still higher compared with last year’s prices.
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