Vegetable Prices Skyrocket in the Aftermath of the Storm

Prices for a wide range of vegetables and fruits at wholesale markets and local markets in Ho Chi Minh City have surged significantly.

0
9

Persistent heavy rainfall and storms across various regions have significantly impacted the supply and pricing of vegetables in Ho Chi Minh City. Observations at the Thu Duc Wholesale Agricultural and Food Market on the morning of November 7th reveal a notable surge in the prices of numerous vegetable items.

Specifically, the price of squash has risen by 2,000 VND to 27,000 VND compared to two days prior (a 9,000 VND increase from the beginning of the week), while Chinese broccoli has increased by 3,000 VND to 28,000 VND/kg (an 8,000 VND rise from the start of the week). Napa cabbage has gone up by 4,000 VND to 14,000 VND/kg, and lettuce heads have increased by 3,000 VND to 40,000 VND/kg.

Vegetables arriving at Ho Chi Minh City’s wholesale market

White gourd prices have also seen a sharp increase, rising from 17,000 VND to 24,000 VND/kg, and white snow peas have gone up from 30,000 VND to 35,000 VND/kg.

Vegetable prices surge at retail markets in Ho Chi Minh City due to storm impacts

At retail markets in Ho Chi Minh City, the prices of many vegetables have doubled compared to the beginning of the week. Reports from markets such as Thi Nghe, Ba Chieu, and Tan Dinh indicate that amaranth greens now cost up to 40,000 VND/kg, previously ranging from 20,000 to 25,000 VND/kg; Chinese broccoli has risen from 18,000–20,000 VND to 35,000–40,000 VND/kg; and bitter melon has increased from 20,000–25,000 VND/kg to 38,000–40,000 VND/kg.

Mrs. Le, a vendor at Thi Nghe Market, explained that the rise in vegetable prices is due to reduced supply caused by storms, as many vegetable farms in the provinces have been flooded and severely damaged. “The increase in wholesale prices has led to higher retail prices. Many customers now opt for more affordable vegetables and avoid the expensive ones,” she noted.

At Do Dac Market (An Khanh Ward), Ms. Chi, another vendor, mentioned that due to the high vegetable prices, purchasing power has significantly decreased. “With fewer customers buying, we’ve reduced our stock to avoid perishable goods,” she shared.

Egg prices on the rise

Egg prices at markets are currently high, ranging from 3,000 to 3,500 VND per egg, mostly for smaller eggs. Vendors explain that larger eggs are harder to sell due to their higher prices, so they primarily offer smaller ones. In supermarkets and shopping centers, egg prices range from 3,600 to 3,800 VND per egg.