Malaysian supply shortages, high demand driving up tomato prices

Published 2024년 2월 15일

Tridge summary

Tomato prices in Penang, Malaysia have surged due to a supply shortage and high demand, particularly from Cameron Highlands farms. Retail prices are currently between RM6 to RM10 per kg, while wholesale prices range from RM5.30 to RM6 per kg. However, prices are expected to decrease as transportation companies have resumed delivering vegetable supplies following the Chinese New Year holidays. The Consumers Association of Penang (CAP) has called on the Domestic Trade and Cost of Living Ministry to investigate the price hike and penalize any parties exploiting the situation.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

BUKIT MERTAJAM (Feb 15): Shortages in supply and high demand are driving up tomato prices, but the situation is still manageable, said Domestic Trade and Cost of Living Ministry Penang branch director S Jegan. He said retail price surveys conducted from January until Wednesday at 40 wet markets and 31 selected supermarkets in the state showed that tomatoes were sold at RM6 to RM10 per kg, depending on their size. Wednesday's wholesale tomato prices ranged from approximately RM5.30 to RM6 per kg, with wholesalers highlighting a cost increase on Feb 9, reaching RM6.70 per kg. “Most tomatoes in wet markets are sourced from Cameron Highlands, while supermarkets sell imports from neighbouring countries and organic farms,” he said adding that feedback from Cameron Highlands farms shows a shortage due to unripe tomatoes and high demand, which are affecting market prices. “However, tomato prices are expected to drop as transportation companies have resumed delivering vegetable supplies ...

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