The Philippines stands firm that it will not import onions as long as there is “available” local supply, and importation would be “last resort” to pull down the retail price of the commodity in the market. Know more:
THE Philippines stands firm that it will not import onions as long as there is “available” local supply, and importation would be “last resort” to pull down the retail price of the commodity in the market.
Estoperez explained that local producers should help bring down the price of onions, especially if there are available supplies in warehouses and cold storages. The country is reeling from the prices of red onion, now fetching an average of P280 per kilogram—nowhere near the P180 per kilogram average price a year ago—due to supply problems.
This year the DA decided not to issue import permits for another round of white onion importation to prevent farm-gate prices from being depressed. The country’s total onion imports from January to September declined by more than half year-on-year to 26,110.021 metric tons from 53,463.693 metric tons last year, based on Philippine Statistics Authority data.
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