No tears as onion prices monitored
(MENAFN- Newsroom Panama) Staff of Panama's Consumer Protection Authority (Acodeco) swooped on stallholders in Merca Panama on Friday, August 16 to check that imported onions are not being sold at above the permitted price
More than 60,000 thousand quintals of onion were imported tariff-free in an emergency move.
National and imported yellow onions, packaged or not, must be sold at a maximum price of 80 cents per pound.
The regulation excludes organic onions and those with a diameter greater than 84 millimeters.
On July 16, the Cabinet Council approved the temporary elimination of the onion import tariff with the intention of supplying the country's consumption between July and September 2019.
In Panama, a total of 270 producers are dedicated to growing 484 hectares of onions, a production that currently only supplies 25% of local consumption.
On August 7, the first shipment of onions arrived in Merca Panama, from the United States
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
- Manuka Honey Market Report 2024, Industry Growth, Size, Share, Top Compan...
- Modular Kitchen Market 2024, Industry Growth, Share, Size, Key Players An...
- Acrylamide Production Cost Analysis Report: A Comprehensive Assessment Of...
- Fish Sauce Market 2024, Industry Trends, Growth, Demand And Analysis Repo...
- Australia Foreign Exchange Market Size, Growth, Industry Demand And Forec...
- Cold Pressed Oil Market Trends 2024, Leading Companies Share, Size And Fo...
- Pasta Sauce Market 2024, Industry Growth, Share, Size, Key Players Analys...
Comments
No comment