Philippine Ministry of Agriculture postpones extension of the maximum price of € 4.20 for onions

The Philippine Department of Agriculture has postponed the extension of the proposed retail price of 250 pesos ($4.20) for onions due to expected lower onion prices after the harvest season. According to the ministry, onion prices could fall to P100 to P150 per kilo with the import of more than 5,000 tons of imported onions." In December last year, the ministry set the proposed retail price of red onions per kilo in the markets in the National Capital Region at P250. The announcement was made through an administrative circular, "which will come into force for the remaining days of December 2022 until the first week ...