Onion prices drop due to oversupply

By August 5, 2019Business, News

BAYAMBANG– The onion farmers had another good harvest but this caused them to be worried sick again because the price of onions has taken a nosedive again owing to oversupply.

From a whopping PHP 50 to 60 per kilogram, price has reached bottom to a measly PHP 10 to 20 per kilo.

Bayambang Agricultural Office says that thousands of onion bags are still stocked in warehouses across the town. (Ahikam Pasion)

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