Philippines ramps up onion imports to support domestic supply and stabilize prices

The Philippines has imported over 10,000 tons of fresh yellow onions to support domestic supply and stabilize prices. As of October 24, 10,370 T of onions have been imported, fulfilling nearly 65% of the 16,000 T quota set by Agriculture Secretary Francisco Tiu Laurel Jr. due to expected shortages.

Monthly imports included 1,173 T in August, 5,857 T in September, and 3,140 T in October. Retail prices in Metro Manila have stabilized, with imported yellow onions costing between $1.25 and $2.50 per kilo, while local white onions range from $1.61 to $2.50 per kilo.

Local red onion stocks remain ample at 77,675 T, with no imports needed this year due to a strong harvest. Yellow onion stocks, mostly imported, stand at 2,922 T as of October 18.

source: philstar.com

photo: tbsnews.net