Tridge summary
The price of onions in Cebu has dropped by over 50 percent, from P800 to P300 per kilo, despite the delay in the arrival of imported onions. The Philippine government had approved the import of 21,060 tons of onions, but only half has arrived and most of it has been distributed in the National Capital Region.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The price of onions in Cebu has dropped by more than 50 percent. From a peak of as much as P800 (€ 14.70) per kilo for red onions last December, the price fluctuated at P300 on Wednesday (€5.51). This is despite the fact that supplies of imported onions have not arrived in Cebu, according to assistant secretary Salvador Diputado of the Visayas Department of Agriculture. President Ferdinand Marcos Jr. early last month approved the import of 21,060 tons of onions, provided they arrived in the country on or before ...
Source: Uiennieuws
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.