DA set the SRP of imported onions at P125/kilo

MANILA — The Department of Agriculture (DA) has set the suggested retail price (SRP) of imported onions in the country at P125, effective Wednesday, February 8.

DA Assistant Secretary Kristine Evangelista said the P125 per kilo SRP was agreed upon after a stakeholders meeting attended by importers, traders, and retailers.

“Doon po napagkasunduan na i-re-rekomenda ang P125 per kilo for red onions na imported. Ito naman po ay inabprubahan na,” Evangelista said.

Among those considered in setting the P 125 SRP of imported red onions is the importer’s price including costs after the so-called landed cost of P77 and wholesaler’s price.

“Nakipag-usap po tayo do’n sa mga wholesaler sa Divisoria…so ina-average na lang po natin ‘yan…With that we came up with a price na P125 at ito naman po ay sinang-ayunan ng ating mga retailers,” he added.

The DA was forced to import onion due to its high price and to fill the large demand for it by the people despite the fact that the supply in the country is low.

The DA was ordered to import 21,000 metric tons of onions but only more than 3,000 metric tons have arrived in the country.

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