Goods supply abundant, prices stable in HCMC

Prices of many food, seafood, vegetables and fruits have returned to be stable since early this month after increasing at the end of October because of unusual weather, according to the HCMC Department of Finance.

Consumers buy vegetables at a clean farm produce fair in HCMC (Photo: SGGP)

Consumers buy vegetables at a clean farm produce fair in HCMC (Photo: SGGP)

Specifically, storms and flooding hiked wholesale prices by 4-17 percent to many seafood products such as mackerel, round scad, Pacific saury, pangasius fish, bronze featherback, tiger prawn, cuttle-fish, clam and blood cockle at the end of October.
Red tilapia rocketed 30 percent over the previous month. Prices of many vegetables raised 8.3-45 percent compared to the end of September, including tomato, pea, okra, Tra Vinh pumpkin, bitter melon, elongated mustard, Da Lat potato and broccoli and cucumber.
However, the prices of many commodities have been stable since early November, the department said.
According to Sai Gon Giai Phong reporters’ record, the quality and quantity of farm produce at wholesale markets have been stable, supply has been able to meet demand.
On early November 8, the volume of goods to Hoc Mon wholesale market reached 3,000 tons, up 30 tons over previous days. The number includes 2,100 tons of vegetables, 500 tons of fruits and 402 tons of pork.
Despite some products such as common carp, mackerel and tilapia which prices have been high because of storm and flooding; other vegetables and beef, pork and chicken have been steady. Cabbage, daikon, bitter melon, kohlrabi, cucumber prices have slightly reduced.
At supermarkets, goods have been abundant and diversified. They have launched many promotional programs to stimulate consumption demand.
At present, city agencies are working together to grasp supply and demand information to build Tet goods preparation plan for the shopping season at the end of the year.

By HAI HA – Translated by Hai Mien

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