fbpx
30.8 C
Kuala Lumpur
Friday, January 28, 2022
HomeSocial NewsReasons of vegetable prices rose up to 200%

Reasons of vegetable prices rose up to 200%

Early September, the soaring price of raw chicken had an impact on many consumers.

Not only did chicken meat go up to more than RM10 per kilogram, eggs were also reported to have increased in price following allegations that farmers and producers had to cover the cost of rising prices of bran, chicks and foreign labor.

As a result, consumer anxiety seems to have no end because now it is said that vegetables will experience an increase in price.

In fact, according to the Kuala Lumpur Vegetable Wholesalers Association, the increase will continue to increase until after the Chinese New Year holiday.

The reason for the increase is due to:

  1. Northeast Monsoon Transition.
  2. The occurrence of floods and landslides in Cameron Highlands and surrounding vegetable growing areas affecting yields and supplies.
  3. The price of some vegetables such as cauliflower, long beans and chilli has increased by up to 200% over the past two weeks.
  4. Lack of supply and manpower.
  5. Suppliers in Cameron Highlands informed about some of the problems faced such as floods, landslides and manpower shortages.
  6. Global sanctions due to the Covid-19 pandemic severely impacted vegetable supply.
  7. Vegetable prices are influenced by demand and supply. Vegetables like chilli are quite expensive as they are seasonal and depend on import factors.
  8. Rising transportation costs also leave suppliers with no choice but to increase the price of goods.

The issue of rising vegetable prices was raised by the Penang Consumers Association (CAP) recently. It urged the Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) of the Federal Agricultural Marketing Authority (FAMA) to investigate the matter as it feared suppliers were violating the Anti-Profiteering Act.

Leave a reply

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments