Onion is getting three times more expensive than chicken
On Tuesday, chicken was available for 220 pesos a kilo, while white and red onions were priced at 600 pesos, according to the Philippines Department of Agriculture. Although a few days ago it had crossed the figure of 700 pesos. If its price is seen in dollars, then it is about $ 13 per kg. It can be said that never, anywhere in the world has such an expensive price of onions been seen.
Why onion became expensive?
Four months back, onion prices in the Philippines ranged from 120 to 170 pesos. Not only the Philippines, many other countries in the world are grappling with the inflation crisis, but the onion price hike in the Philippines has been so sharp that the authorities have now started an investigation. The officials have not yet understood how its cost has increased so much. However, experts are attributing the rising onion prices to last year’s cyclone, smuggling, price manipulation and hoarding. Onion has now become a hot topic in the Philippines. This is being discussed everywhere. Even social media is full of onion memes right now.
Onions have become such a hot commodity in the Philippines that they are being smuggled into the country. The Bureau of Customs has foiled three major smuggling attempts recently, according to the official Philippines News Agency. On January 8, customs officials seized red onions worth about $400,000. These onions were being brought to the Philippines from China. Earlier, the authorities seized onions worth about $1.2 million hidden in three cargo ships. Earlier, on December 23, customs officials seized white onions worth $300,000 concealed in a shipment of garments.
Philippines government took steps
Senator Sherwin Gatchalian of the Philippines has called for the creation of a task force to combat onion smuggling. About 20,000 metric tons of onions are consumed every month in the Philippines, reports CNN. To deal with the onion crisis, Philippines President Marcos has approved the import of 21,060 metric tonnes of onions this week. However, its shipment will be till January 27. Until then, the President of the Philippines has ordered the sale of all smuggled onions.