00:00The price of onions and imported rice continues to fall among many families in the country.
00:07DTI and the Agriculture Department insisted on continuing to monitor the prices of the goods.
00:14Civil Custodian of PTV has news for you.
00:20The price of onions in the market is decreasing rapidly due to its high supply.
00:26Compared to the past, we have dropped from P150 to P200.
00:33How long has it been like this?
00:35Around 3 weeks or 2 weeks.
00:37The price has fallen rapidly.
00:39P42 per kilo of white onions and P100 per kilo of red onions in the previous public market.
00:45The price of onions is even lower in the price watch of the Department of Agriculture
00:49where it is stable at P120 per kilo.
00:53186 metric tons of white onions entered the country from the expected 1,000 metric tons
00:59while no imported red onions entered the country.
01:02The fear of our friends who are planting and harvesting onions
01:09is no longer affected because there is no report of imported onions.
01:15Aside from onions, the price of imported rice is also falling.
01:19According to the DA, there are 641,000 metric tons of imported rice as of March 13,
01:24which is almost half of what was imported last year at the same time,
01:29which is 1.2 million metric tons.
01:31DA spokesperson Arnel De Mesa said,
01:34the rice is expected to be good this year.
01:37Some of the reasons why the price of rice in the market is falling and stabilizing
01:42is the lifting of the import ban in India, Saddam Basmati White Rice.
01:46The DA and DTI strictly monitor the prices of rice,
01:50especially the monitoring of the maximum suggested retail price
01:54and the arresting of agricultural products hoarders.
01:57The Department of Agriculture also targets the implementation of standard labeling on rice.
02:02This is to solve the problems and avoid the maximum suggested retail price of 5% broken imported rice.
02:10If you look at what we are issuing, RFA 5%, RFA 25%, RFA 100%,
02:18it's only 5% and other special brands, they will say that they are exempted.
02:24That's where the problem lies.
02:25The DA and DTI will continue to visit the markets
02:30to ensure that the labeling on rice is included in its current type.
02:34From People's Television Network, Vel Custodio, Balitang Pambansa.
