KUALA LUMPUR: Vegetable prices are expected to rise gradually in the near future following a spike in production costs.
Cameron Highlands Malay Farmers Association chairman Datuk Syed Abd Rahman Syed Abd Rashid said the price hike is anticipated within the next week or two.
"Prices may surge by up to 50 per cent for a short period before potentially stabilising at a 30 per cent increase," he said when contacted today.
He noted that while production costs have risen rapidly, retail prices have yet to see a significant adjustment.
Syed Abd Rahman attributed the rising costs to the higher price of fertilisers and diesel, which are essential for operating machinery, generators, and logistics.
Meanwhile, Malaysia Muslim Consumers Association (PPIM) chief activist Nadzim Johan advised consumers to practice prudent spending in response to the looming price hikes.
He encouraged the public to start small-scale gardening at home, such as using hydroponic techniques for vegetables like spinach, water spinach, and mustard greens, to offset household expenses.
"Consumers have the power to influence prices. By making informed choices and comparing prices, traders will have no choice but to lower them," he said.
Nadzim also suggested that schools utilise their grounds for hydroponic projects.
"Besides sharing the harvest with students, schools can sell the produce to generate income. Such programmes can also foster interest in science and biology among students," he added.
He said clubs and associations could also adopt similar small-scale hydroponic projects to meet the needs of their members.
Recent reports have warned of rising prices for basic goods due to increased fuel costs following the ongoing crisis in the Middle East.
Article by: New Straits Times
VEGETABLE PRICES SET TO RISE AS PRODUCTION COSTS SOAR, SAY FARMERS ASSOCIATION
