Malaysia: Although vegetable import prices have doubled, vendors only increase prices by 1 yuan

Published 2023년 12월 27일

Tridge summary

The northeast monsoon has caused heavy rains, impacting local and Malaysian vegetable production and leading to a nearly doubled import price. Vegetable vendors are concerned about the increased costs and potential negative impact on sales as prices have significantly increased, with some leafy vegetables even doubling in price. Vendors are limited in their ability to adjust prices too much, as consumers may not buy the vegetables if prices increase too dramatically.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The northeast monsoon brings continuous heavy rains, which affects local and Malaysian vegetable production. Import prices and supply prices have almost doubled. However, some market vegetable vendors expressed concerns that they will be too expensive to sell and absorb costs. The price increase per kilogram is limited. Within 1 yuan. It has been raining locally for nearly a month, and Malaysia is also facing bad weather, which has led to a reduction in vegetable farmers' output and a nearly doubled import price. Zhu Yangzhang, who runs the import and export fruit and vegetable trade Xingyuan Chengji at Pasir Panjang Fruit and Vegetable Wholesale Center, revealed that when the weather was good about two months ago, the average price of vegetables imported from Malaysia was about 56 cents per kilogram. Now it has The wholesale price of processed vegetables has therefore increased from about 1 yuan to about 2 yuan per kilogram. The current retail price in general wet markets is ...

Source: Zaobao