It is just a recommendation and different from a price cap imposed by the government during a calamity or emergency, whenever there is price manipulation or unreasonable price increases. Vendors who do not comply with a price cap face sanctions.Agriculture Assistant Secretary Kristine Evangelista said earlier that the DA arrived at the SRP for imported red onions following a meeting among importers, traders and retailers.
Among the factors they took into consideration were the price and expenses of importers totaling P77 per kg and P94 to P110 per kg for wholesalers or those selling goods in bulk. “We will be talking also with our regional field offices if we’re going to apply the same approach. We need to coordinate with the local price coordinating councils,” Evangelista said.
She added that the DA had asked for help from the Department of the Interior and Local Government in disseminating and monitoring the implementation of the SRP.
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DA sets SRP of imported red onions at P125 per kiloThe Department of Agriculture (DA) has set the suggested retail price (SRP) of imported red onions at P125 per kilo which will take effect on Wednesday, February 8, DA Assistant Secretary Kristine Evangelista said Monday. How will the Department of Agriculture help the Filipino onion farmers? You are focused on the entry & pricing of imported Chinese onions. What about the chemicals/preservatives/pesticides in the imported onions? How does the government protect the consumers?
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