Wet weather causes average wholesale price of vegetables to reach NT$45.3 per kg
Taiwan News
Date: 2018/09/09
By: Scott Morgan, Taiwan News, Staff Writer
(Image courtesy of Pxhere)
TAIPEI (Taiwan News) – Vegetable prices in Taipei reached the highest levels seen this year on Sept. 9, after last month’s wet weather restricted supply, reported CNA.
According to the Taipei Agricultural Products Marketing Co., the average wholesale price of vegetables was NT$42.3 (US$1.37) today, approximately 5 percent higher than yesterday.
Wet weather and flooding in late August resulted in over NT$560 million in agricultural losses across southern Taiwan, with the majority of losses occurring in Chiayi County.
The aftermath of the wet weather led to a steady increase in vegetable prices, with average wholesale prices breaking through the NT$40 per kilogram barrier on Aug. 25. On Aug. 28, the Executive Yuan held a meeting to plan how to stabilize vegetable prices, with the government pledging to support local farmers. [FULL STORY]
