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Representative Quimbo says cartels are behind skyrocketing prices

Philippines: Onion prices going up again

According to the Department of Agriculture, retail prices of onions have increased again by at least P20 per kilo, as the highest selling price reached P200 per kilo compared to P180 per kilo last week. Based on DA monitoring, the bulbs were priced as high as P200 per kilo at Guadalupe Public Market in Makati and Marikina Public Market in Marikina City.

The retail prices of onions ranged between P160 and P190 per kilo in other Metro Manila markets, including New Las Piñas City Public Market; San Andres Market, Quinta Market, Pritil Market in Manila; Pamilihang Lungsod ng Muntinlupa; Pasay City Market; Pasig City Market; Commonwealth Market, Muñoz Market, Mega Q-Market in Quezon City and Malabon Central Market.

According to philstar.com, farmers’ group Samahang Industriya ng Agrikultura (Sinag) president Rosendo So said the DA should prepare for the importation of white onions in August to prevent another crisis in December. So said the harvest of onions was already completed in Northern Luzon while it is still ongoing for farmers in the Mindoro area.

Quimbo says cartels are behind skyrocketing prices
Marikina 2nd District Rep. Stella Quimbo is convinced that cartels have been behind the rise of onion prices in 2022, as traders invited to the House committee on agriculture and food hearing have shown links to each other.

Source: newsinfo.inquirer.net

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