The Department of Trade and Industry (DTI) has been strongly urged to consider allowing the importation of onion by legitimate traders to address the high cost and shortage of supply of this important food spice in Filipino households.
The Department of Trade and Industry has been strongly urged to consider allowing the importation of onion by legitimate traders to address the high cost and shortage of supply of this important food spice in Filipino households.
While not discounting the probability of hoarding and cartel operations in the onion industry and among traders, Barcelon said that onion is highly perishable. “Yes, there may be hoarders but onion will spoil in a short period without cold storage,” he emphasized. He noted that supply and demand as with any products determines the price, which can be lower if there is enough supply.
So far, the DTI price monitoring and enforcement teams already included red onions in their regular inspection of items covered by the suggested retail prices .
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