The retail price of red onions in Metro Manila has surged to P300 a kilo (€5.12) as of Monday, from P180 a year ago. Still, the Department of Agriculture would not say whether there is a supply shortfall.
According to Agriculture Assistant Secretary Kristine Evangelista, the price of red onion ranged from P280 to P300 a kilo based on its price survey around the capital region. Evangelista said farmers were expected to begin harvesting their produce between the second week and last week of December and this could ease the upward pressure on prices.
In the case of white onions, Evangelista said they were linking local producers directly to institutional buyers to be able to sell their produce.
[ P100 = €1.70 ]
Source: newsinfo.inquirer.net