00:00There's an increase in the prices of goods in some markets.
00:03Let's find out what's going on in the country of Vell Custodio of PTV Live, Vell.
00:12Now, the prices of onions are increasing since last week.
00:17This is the result of the sale of Harabas in Bagasinan,
00:20which is one of the biggest producers of onions in the country.
00:23The prices of onions are going down since last week.
00:33Last year, the prices of onions only went up by 60-70.
00:36It only went up by 60-70 for a long time, for a few months as well.
00:40From April to December, the prices of onions were like that last year.
00:45But this year, the prices suddenly went down.
00:50That's why it's hard to supply.
00:53Now, it's only in the fields.
00:56The prices have gone up by 85-90.
01:00For now, the price of red onions is 90-100 pesos per kilo.
01:05And the price of white onions is 80 pesos per kilo.
01:08The stock of onions in the storage facility is enough for the year.
01:13That's why the prices are still low.
01:15But since last week,
01:18the prices of onions in Bagasinan have gone up,
01:20but the supply of onions has gone down.
01:22That's one of the factors.
01:24For now, our boss in Bagasinan doesn't get a lot of onions.
01:33Maybe it's because other towns have been affected by the onions they plant.
01:39There are 187 hectares of land in 7 towns in Bagasinan
01:43that are affected by armyworms or Harabas.
01:45Based on the latest data from last week,
01:48almost 6 tons of onions worth more than 4 million pesos were harvested.
01:54Meanwhile, since the price of fresh pork in the market is also high,
01:58it's an alternative for those who want to buy frozen meats.
02:09Now, the TA is planning to put 99 cold storage facilities this year
02:14in vegetables, fruits, and high-value crops.
02:17They raised P3 billion for this.
02:20Its goal is to have a sufficient supply
02:23and stable prices for agricultural products for food security.
02:28From People's Television Network,
02:30Vel Custodio, Balitang Pambansa.
02:34Thank you very much, Vel Custodio.
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