The Department of Agriculture (DA) on Thursday pegged the steered retail value (SRP) of crimson onions per kilo within the moist markets within the National Capital Region (NCR) at P250.
The announcement was made via an administrative round, “which shall take effect for the remaining days of December 2022 until the first week of January 2023, subject to another stakeholders’ consultation.”
The circular, signed by DA undersecretary Domingo Panganiban, stated that the implementing rules and regulations (IRR) of RA No. 7581 empowers and directs the agency, as an implementing agency, issue a SRP for “all or any primary requirements and prime commodities underneath its jurisdiction for the knowledge and steering of producers, retailers, and customers.”
“Considering the effects of the rising fuel prices due to the Russia-Ukraine conflict, aggravated by the pandemic cause high prices of agricultural commodities,” it stated.
“In order not to aggravate the current difficulties of the Filipino people affected by the pandemic and rising fuel prices, there is a need to guide the consuming public on the reasonable prices of basic necessities in the market,” it added.
The price of crimson onions exceeded P700 a kilo in some markets in Metro Manila on Wednesday, in Bernadette Reyes’ “24 Oras” report.
Reyes additionally reported that the Agriculture division held a gathering with onion farmers to deal with the rising costs of onions and the potential for importing the vegetable with the nation’s dwindling provide.
As of December 15, the availability is simply about 2,209.45 metric tons that’s sufficient for less than 4 days.
The value per kilo of onions is already at P500 to P720 within the Las Piñas market, in line with the monitoring of the DA.