Onion prices may drop to P120-P150/kilo —DA
MANILA, Philippines — From P400 to more than P600 a kilo recently, the price of onions may drop to P120-P150 a kilo as local farmers harvest their crop starting the second half of January, the Department of Agriculture (DA) said on Monday.
Agriculture Undersecretary Mercedita Sombilla said onion prices usually drop during the reaping season.
“We’re expecting na once yung pangako po nila na harvesting will come on the third and fourth week and then continued yan hanggang sa April, May, talagang babagsak po siguro. Hopefully, P120-P150 (a kilo) as in the past years,” Sombilla said during the Committee on Agriculture, Food, and Agrarian Reform hearing.
(We’re expecting that once the harvesting start on the third and fourth week which will continue until April or May, the prices will likely drop. Hopefully, to P120-P150 a kilo as in the past years.)
The harvest season, the DA earlier said, will begin in mid-January and end in May.
In December last year, onion prices rose to as high as P750 per kilo, even higher than the daily minimum wage.
However, the DA over the weekend said that the onion farm gate price and retail price already declined to P250 and P400 a kilo, respectively.
In some areas, onion farm gate price declines to P250, SRP at around P400 — DA
