Vendors anticipate lower onion costs as the government permits the importing of the item
After the national government approved the importation of the good, vendors at Bankerohan Public Market and Agdao Public Market anticipate a gradual decline in onion prices in the coming weeks.
Vendors anticipate lower onion costs as the government permits the importing of the item
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Prices for red and yellow onions range from P450 to P680 per kilogram as of January 11, 2023. (kg). It reached its peak at P700/kg over the holidays.

 

Both red and white onions are being offered at wholesale prices along F. Per 10 kg, Bangoy Street in Agdao averaged P3,600. They cost an average of P4,200 every 10 kg over the festive season.

 

On January 11, 2023, SunStar Davao spoke with some vendors who claimed that the price was already at its lowest because they wanted to sell as many onions as possible to save them from going bad.

“Karon ginapahurot namo ang among baligya, ginapagamay namong presyo, samtang wala pay stock na miabot sa amoa (Now we are selling as much onions as we can. The prices now are lower but we have not received any new stocks),” one vendor, who requested to withhold their name, said.

However, vendors are anticipating prices of onions to continue to decline, as President Ferdinand Marcos Jr., who is also the Agriculture Secretary, approved the importation of 21,060 metric tons of red and yellow onions.

 

The Department of Agriculture - Davao Region (DA-Davao) stated that they are unable to estimate the precise amount of the price decrease for onions.

 

 

However, DA-Davao said that their Central Office had given them the go-ahead to import onions.

 

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