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Traders agree on red onion wholesale price

(UPDATE) AGRICULTURE Undersecretary Kristine Evangelista said on Wednesday that traders have agreed to sell red onions at a P150 per kilo wholesale price so that retailers can sell the product at P170 per kilo which is the suggested retail price (SRP).

'We met with the traders and retailers during the stakeholders' engagement last Friday where the traders agreed to bring down the wholesale price of red onions to P150 per kilo,' Evangelista said.

LOADING IT UP A worker unloads sacks of red onions for delivery to stores inside the Marikina public market on Saturday, Aug. 20 2022. FILE PHOTO BY JOHN ORVEN VERDOTE