Food prices increased

THE floods in the south of Thailand have affected the supply of vegetables and fruit to Singapore, causing prices to rise about 20 per cent in wet markets and delaying delivery. Heavy rain hit southern Thailand in March 2011, which led to severe flooding and mudslides in Nakhon Si Thammarat and Krabi provinces.

Whenever there is a flood in a country that supplies Singapore, prices go up. To ensure a steady supply, importers in Singapore would look to other countries like Malaysia and China to make up for the shortfall.

The Agri-Food and Veterinary Authority (AVA) said Singapore imports vegetables from 39 countries, with the largest suppliers being Malaysia, China and India. The three account for 86 per cent of vegetables here.

You can see here how food production and supply is affected by climatic factor and the need to diversify our food source as mentioned in my previous post.

Read Users' Comments (0)

0 Response to "Food prices increased"