As the government scrambles to find ways to bring down prices of onion in the market, several reasons have emerged for the soaring prices of the staple vegetable. Read this story by CEBacligINQ to know more. INQFocus
The current prices were also way higher than P200 per kilogram recorded on the same day last year.
Marikina Rep. Stella Luz Quimbo had filed House Resolution No. 681, which calls for an investigation into the alleged cartel and anti-competitive practices in the onion industry amid the still-increasing prices of onions in the local market. Local onion producers in Nueva Ecija have also warned that they have already run out of white onions in their storage facilities in July.While the harvest season varies per province, onions are usually harvested between February and April or around four months from the time they are planted between November and January.
“As of now, we are not considering the importation of agricultural goods, especially onions. We know there is an imperfection in our system. We will need to provide better interventions, especially in the value chain,” Estoperez said last month.DA finds red onions hitting P600/kilo, still assures enough supplyThe Office of the Ombudsman has summoned officials of the DA and the Food Terminal Inc.
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