Red onions are now included in the basket of goods that the Department of Trade and Industry (DTI) would monitor to assist the Department of Agriculture (DA) in keeping the price of the commodity stable, the DTI announced over the weekend.
RED onions are now included in the basket of goods that the Department of Trade and Industry would monitor to assist the Department of Agriculture in keeping the price of the commodity stable, the DTI announced over the weekend.
The DTI said its price monitoring for red onion is in response to Circular 12 issued by the DA and dated December 29, 2022. The circular places an SRP of P250 per kilogram of red onion in public markets.“Based on our meeting with the stakeholders, our recommendation was to implement an SRP of P250 per kilo. This will be effective until the first week of January,” he said partly in Filipino.
“Through monitoring, we will assist in finding out the prices even in the smallest of stores,” she added. “We can help in that aspect but the enforcement will be conducted by the DA.” Meanwhile, Castelo explained that the the word “suggested” in the “SRP” provision means that the price given by the manufacturer should also be the same price on the goods sold by the retailer.
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