00:00 Meanwhile, the Agriculture Department has suspended the import of onions to the country
00:05 due to the December floods and the sudden rise in prices this January.
00:10 It is expected to lower its prices in the market.
00:13 This is Joshua Garcia's report.
00:15 Despite the news of the oversupply of vegetables,
00:21 some families in Metro Manila still do not feel the price drop,
00:25 particularly in onions.
00:27 According to the vendor, they still get a high price for the product.
00:31 Even if the price drops, it's just a little.
00:34 No, it's still expensive.
00:38 It's not as bad as before.
00:41 Before, if the season of onions is like this,
00:46 the price should be low.
00:48 Now, it's controlled.
00:50 While some did not hear about the oversupply.
00:53 I don't know.
00:55 The price of onions is now 160 pesos.
00:58 As expected, the buyers are favoring it.
01:01 Like some who use onions in their own business.
01:04 I heard that the price of onions is going down.
01:10 It's good if it goes down.
01:12 The price of onions will go down, right?
01:14 In addition, the Department of Agriculture temporarily suspended
01:19 the import of products to the country
01:21 to stop the rise in prices.
01:24 In response to the request of Agriculture Secretary Francisco Chula Urel Jr.
01:28 to the Philippine Chamber of Agriculture and Food Inc. or PCAFI,
01:32 it was stated that the oversupply was due to the disaster in December
01:37 and the sudden arrival of almost 100 tons of onions
01:41 that were imported last month.
01:44 PCAFI also expects that the supply will increase,
01:46 especially with an additional 40% of the land that was plowed
01:50 for the planting of onions.
01:51 The DA announced that the farmgate prices of the products
01:54 may possibly go down
01:56 because of the expected rise in prices in February.
01:59 Meanwhile, the government and PCAFI agreed
02:02 to meet every 45 days
02:04 to review the situation of the supply
02:06 and adjust the schedule of importation
02:08 and the amount of onions to be imported.
02:11 Joshua Garcia for the "Bayan" (Country)
02:13 *DUN DUN DUN*
