The Department of Agriculture is inclined to lower the suggested retail price of onions to P125. | JEMendozaINQ
“Opo, P125, ang problema po namin ngayon, may P125 tayo na SRP — yan ba ay susundin naman?” he said when pressed to clarify if the DA is planning to impose an SRP.
At the height of the supply shortfall, the price of onion skyrocketed to as high as P700 per kilo in some parts of the country. To stem the price increase, the country resorted to importation of onions despite the start of the harvest season. The DA has approved the importation of 21,000 metric tons of onions, the first shipment of which has already arrived.
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