Prices of veggies, onions drop in prices due to oversupply
PRICES of vegetables, onions from highland dropped last week.
According to the Department of Agriculture (DA), the prices of the following items decreased:
- Carrot was priced P60/ kilogram, from P100 last month
- White potato was P100/kilogram, from P115
- Baguio pechay was P40/kilogram, from P50
- Cabbage P35/kilogram, from P80
- Red onion was P100/ kilogram from P140
Only white onion was sold at P120/ kilogram.
There were reports that truckloads of vegetables were dumped at the public markets evidently due to oversupply last month particularly during the holiday season when demands for vegetables were traditionally low.
As harvest period continues, prices are expected to drop further down. (Ahikam Pasion)
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