Imported onions expected to pull prices down

Imported onions expected to pull prices down

By Junex Doronio
January 23, 2023

Chopped onions, only P10 each per plastic bag (photo courtesy of Manila Times)

MANILA — As basically taught by the law of supply and demand, with imported onions soon to flood the market, many are crossing their fingers that prices will ultimately go down in the next few days.

On Monday, January 23, the Bureau of Plant Industry (BPI) revealed that the onions recently imported by the government have already arrived in the country, and with the increased supply soon to hit the market, many expressed hope that the Department of Agriculture’s (DA) pronouncement that the price of onions will go down to as low as P80 per kilo.

Last January 6, the DA wrote to BPI-licensed onion importers informing them that it will issue sanitary and phytosanitary import clearance (SPSIC) for the importation of fresh yellow and fresh red onions from January 9 to January 13, 2023.

Furthermore, licensed importers are given until January 27 this year for their shipments to arrive in the country.

Maharlika TV gathered that at the Blumentritt Market in Manila, “lasona” (native) onions were still being sold at P200 per kilo, and fresh onions at P300 per kilo.

Some “enterprising” vendors, however, were selling sliced onions at P10 per plastic bag. (ai/mtvn)

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