State Trading Organization (STO) has stepped in to ease the ongoing onion shortage in the Maldives by releasing a fresh shipment to the local market, offering onions at a highly affordable price of MVR 15 per kilogram.
The move comes in response to recent seasonal challenges that disrupted onion imports, triggering scarcity and price surges across the country. In a decisive effort to ensure price stability and food security, STO announced that the newly arrived stock is now available at both its flagship retail outlet, People’s Choice Superstore, and the STO Wholesale Center.
Consumers can now purchase onions directly from People’s Choice at MVR 15 per kilogram — a significant relief compared to market rates that spiked during the supply disruption. In parallel, the STO Wholesale Center is facilitating bulk purchases to help retailers and businesses replenish their stocks at stabilized prices.
This timely intervention highlights STO’s critical role in safeguarding the nation’s access to essential commodities. As the Maldives continues to grapple with the economic ripple effects of global supply chain fluctuations, STO’s proactive market strategy reinforces its commitment to serving the public interest and curbing inflationary pressures.
With further shipments expected in the coming weeks, STO assures the public of its continued efforts to maintain consistent supply and pricing of staple goods across the nation.
