Vegetable prices soaring, expected to stabilize late October

Focus Taiwan
Date: 2016/10/11
By: Chen Cheng-wei and Evelyn Kao

Taipei, Oct. 11 (CNA) Vegetable prices in the local wholesale market continued to shoot up Tuesday, rising about 7 percent from a day earlier following persistent rain brought by the outer periphery of Tropical Storm Aere in recent days, according to the Agriculture and Food Agency (AFA) under the Council of Agriculture.

In the Taipei Fruit and Vegetable Market — the benchmark fruit and vegetable marketplace in Taiwan — the average price of vegetables rose to NT$54.3 (US$1.72) per kilogram Tuesday from NT$50.7 per kg seen a day earlier, the AFA said.

Constant rainfall over the past few days has badly affected vegetable production and has caused a reduction in supplies by about 2 percent to 1,305 tons Tuesday from the 1,333 tons a day earlier, according to the AFA.     [FULL  STORY]