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Weeks of stormy, wet weather have affected vegetable yields from farms in some states of Malaysia, causing prices of vegetables to increase by as much as 20%. Traders in Penang and Johor are seeing a dro in supply and this has pushed up prices of leafy greens in the market.
But in other places, like Perak and the Klang Valley, prices are still stable while some seleced vegetables have actually come down due to oversupply. Some leafy greens even saw a reduction in prices of between 10% and 20% due to oversupply.
Local traders told The Star that prices of most vegetables from Cameron Highlands had come down: “The leafy greens such as the mustard greens, napa cabbage, cabbage and lettuce from the hill are still seeing good yields.”
imported vegetables from China and Australia did go up -about 10%0 due to high global demand and a weaker Malaysian currency.
Then again, over in Sarawak, a drought for the past two months had resulted in a hike for several types of vegetables.
One market traders commented: “Fluctuations are not in our interest, as there are many members with long-term supply contracts and commitments. You can’t afford to raise prices one day and lower them the next, especially if you’re supplying to places like government canteens or retail outlets."
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