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Singapore fruit & vegetable prices stable - for now

Vice-president of the Singapore Fruits and Vegetables Importers and Exporters Association Vincent Lee, said too much water and too little sun have led to a 40% drop in local green vegetables such as chye sim, spinach and xiao bai cai.

There is also a shortage of cucumbers, long beans, green beans and bitter gourd from Malaysia because of floods there. Prices have gone up by 50 to 60% for this week, but after that, things should go back to normal, Lee claims.

Fruit wholesalers are in a similar situation. Jimmy Quek, chairman of the Singapore Tropical Fruits Importers and Exporters Association, said the cold weather caused faster decay in harvested crops and a much shorter shelf life. "As a result, we have seen a 20% drop in fruit sales overall." He told the Straits Times that mandarin orange prices are expected to go up by 10 to 30% during the Chinese New Year period because flood waters have affected harvests. "At this point, prices are stable, but by next month, consumers will feel the shortage," he said.


Publication date: 1/16/2018


 


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