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High Singapore garlic prices
Extremely cold weather in winter can damage and even freeze garlic crops. Many farmers have reported a decrease in harvest, or have lost their harvest, due to cold snaps in January and December.
Other crops besides garlic have also been affected by the recent cold weather; China's consumer price index for fresh vegetables rose 29.9 per cent from January to February this year.
In addition, there are suspicions that suppliers in China may also be withholding garlic stocks, with some speculating on garlic prices and further driving them up. In 2010, a poor harvest in China similarly pushed up prices of vegetables in Singapore, with some retailers selling garlic at $3 per 500g - levels yet to be reached this year.
Crops besides garlic have also been affected by the recent cold weather; China's consumer price index for fresh vegetables rose 29.9 per cent from January to February this year.
This, however, has not translated into a similar jump in Singapore, with vegetable prices increasing by only 2.9 per cent over the same period.
Retailers said garlic prices are unlikely to stabilise soon. Some market participants are looking to other countries for alternative sources. China, however, is by far the largest producer. In 2013, it produced roughly 80 per cent of the world's garlic.
Source: Straits Times
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Other news in this sector:
- 2019-11-15 "Chinese ginger export to Europe is warming up again"
- 2019-11-15 France: “It is as if the boletus of the past few years all grew in just one year”
- 2019-11-15 Peruvian fresh garlic exports grow
- 2019-11-15 Asda sells crisps that look and taste like Brussels sprouts
- 2019-11-15 PerseusF1, the broccoli with high yields that makes it possible to extend the Spanish campaign
- 2019-11-15 Will India allow the import of Chinese garlic?
- 2019-11-15 Bad weather aftermath in Campania
- 2019-11-15 "A lot of demand for, and export of, small celeriac"
- 2019-11-15 Agricola Campidanese bans glyphosate for artichokes
- 2019-11-15 “It is a tense period for the French chicory market”
- 2019-11-14 Domestic squash supplies look steady
- 2019-11-13 Rather complicated start of campaign for the French red kuri squash, butternut and cucurbita moschata:
- 2019-11-13 "Peak sales for Brussels sprouts still concentrated in week 50-51"
- 2019-11-13 Broccoli cultivation consolidates in Extremadura
- 2019-11-13 Almeria's agricultural producers ask marketing companies to close on November 20
- 2019-11-13 Italy: Baby leaf sector is growing
- 2019-11-12 "Italian truffles remain an interesting niche - good market for Polish white mushrooms"
- 2019-11-12 Price of Chinese leeks drops as production volume rapidly expands
- 2019-11-12 “Optimistic outlook for the Canarian tomato season”
- 2019-11-12 “Dislike of healthy veggies could be a genetic trait”