The price of onions in Cebu has dropped by more than 50 percent. From a high of as much as P800 per kilo for red onions last December, it hovered at P300 on Wednesday. This is despite the fact that the supply of imported onions has not arrived in Cebu, according to Department of Agriculture (DA) Visayas Assistant Secretary Salvador Diputado.
President Ferdinand Marcos Jr. approved the importation of 21,060 tons of onions early last month, with the condition that these should arrive in the country on or before January 27. However, according to the DA official, barely half of the shipment arrived and most of these were distributed in the National Capital Region.
[ P100 = €1.70 ]
Source: sunstar.com.ph