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.

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