Onion prices more than double in a year – DAGilbert Cumila, Nueva Vizcaya Agricultural Terminal general manager, confirmed that the wholesale price of the bulbs is higher compared to the prevailing price for the same period in 2022. MANILA, Philippines — Retail prices of onions more than doubled yesterday to P200 a kilo compared to their prices a year ago, data from the Department of Agriculture (DA) showed. “Compared to last year, there is a sharp hike in the prices of onions as it is only the month of May but the prices are going up,” he added. The wholesale prices are already high between P135 and P140 per kilo,” Cumila said, noting that this could increase further. But Dan Alfaro, an onion farmer from Bongabon in Nueva Ecija, said onion stocks are already in the hands of traders.

Source: Philippine Star May 12, 2023 08:09 UTC