03:12, 26/12/2016

Vegetable prices keep high after flood

Flood has passed but vegetable prices in Nha Trang still are high. Seller forecast that vegetable prices will keep high in the coming time.

Flood has passed but vegetable prices in Nha Trang still are high. Seller forecast that vegetable prices will keep high in the coming time.
 
Rains and flood in a large scale during the past days caused much damage on vegetable growing areas. It caused scare supplies and price put up. Prices rose by twice or three times. For example, collard greens: VND20,000/kg, water morning glory: VND20,000/kg,  malabar nightshade: VND25,000/kg, watercress: VND35,000/kg, chilli: VND140,000/kg.
 

 

Vegetable prices at markets are still high now.
Vegetable prices at markets are still high now.
 
In supermarkets, vegetable has more stable prices with only 5 – 7% increase. For example, malabar nightshade is selling at VND15,000/kg, cabbage: VND16,000/kg, kohlrabi: VND17,000/kg, spinach: VND25,000/kg, sweet potato buds: VND15,000/kg. Owing to the stable prices, vegetable sales on these days have risen 3, 4 times. Luong Quoc Thinh, marketing manager of Co.opmart Nha Trang said, “Vegetable sales have increased by 200% over usual. To stabilize prices and prevent speculation, our supermarkets sell each customer 1-2 kg of vegetable each time.” Lotte Mart Nha Trang has also sold vegetable at stable prices despite the sharp increase in vegetable at markets.  
 
According to many sellers, because vegetable growing areas in the province have been damages by flood, vegetable supplies only returns abundant in a certain time. Meanwhile, the Lunar New Year festival will come in one month and vegetable consumption is forecast to rise sharply. Therefore, vegetable prices are forecast to keep high in the coming time.
 
H.Dung
Translated by T.T