In the Philippines, Onions Are Now Too Cheap ...Middle East

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In the Philippines, Onions Are Now Too Cheap
The Philippines is temporarily halting its onion imports until May—and possibly even up until July—in a bid to control prices from getting too cheap. It’s a complete 180 from the Southeast Asian nation’s problems a year ago—when dwindling supply of the staple vegetable was causing prices to become more expensive than beef. In January 2023, a mere kilogram (2.2 lbs.) of onions was priced at around 600 Philippine pesos ($10.88), or more than a day’s minimum wage. [time-brightcove not-tgx=”true”] Read More: In the Philippines, Onions Are Now More Expensive Than Meat. Here’s Why Supply chain woes stemming from the Russian invasion of Ukraine, extreme weather conditions, and oth

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