We have been monitoring the prices of certain items at the public market that includes onions. There has been an erratic price movement of this bulb which is a regular in Filipino cooking.

In our last price watch, onions were at P36 per kilo, down 5.3 percent from the previous week. It’s price ranged from a low of P36 per kilo to a high of P65 on July 10.

Most of the Philippine onions are grown in central Luzon, particularly in Nueva Ecija, where Davaoeno, Alex Monteaguado, heads the police office.

Expect the price of onions to slide down if this report of the importation of 2 million bags from India were to flood the market. Maybe good for the consumers, but truly bad for our farmers. Massive importations will certainly kill the local onion industry.

In the long run, we risk our own food security with dependence on importation. This will ultimately hurt both farmers and consumers.

Posted at The ABCs