DA sets P170/kilo SRP for red onions

DA sets P170/kilo SRP for red onions

By Liezelle Soriano

MANILA — The Department of Agriculture (DA) has implemented a P170 per kilo suggested retail price (SRP) for red onions after the price of the flavoring spice skyrocketed up to P250 a kilo in various markets in Metro Manila.

Agriculture Senior Undersecretary Domingo Panganiban signed Administrative Circular No. 9 in relation to the SRP of red onion to prevent its continuous increase.

“The implementing rules and regulations (IRR) of RA 7581 empowers and directs the Department of Agriculture to issue a suggested retail price for any or all basic necessities and prime commodities under its jurisdiction for the information and guidance of producers, retailers, and consumers,” Panganiban said.

Panganiban added that the SRP must be implemented to not add to the burden of Filipinos due to the impact of the pandemic and the increase in oil prices.

Under the memorandum, the SRP is effective for 60 days.

Based on DA monitoring, the price of red onion ranges from P200 to P250 per kilo. (ai/mtvn)

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