Business

Vegetable prices to level out in coming months: Fama

Authorities implement various measures towards stabilising costs of fresh produce

Updated 4 years ago · Published on 10 Jan 2022 6:21PM

Vegetable prices to level out in coming months: Fama
Agriculture authorities Fama and Mafi say the hike in vegetable prices is due to logistics issues in producing countries and flooding in local cultivation areas. – The Vibes file pic, January 10, 2022

BUKIT MERTAJAM – Vegetable prices are expected to stabilise in the next one to two months following various efforts carried out by the Federal Agricultural Marketing Authority (Fama) together with the Agriculture and Food Industries Ministry (Mafi).

Fama chairman Datuk Mohd Fasiah Mohd Fakeh said the increase in vegetable prices is due to several factors such as transportation problems in producing countries as well as floods and unpredictable weather in cultivation areas, which have caused supply shortages.

“Right now, we (Fama and Mafi) are taking various efforts to stabilise the price of vegetables, and in one or two months, it is likely that costs will continue to decrease,” he told reporters after visiting the Bukit Mertajam Fama Distribution Complex here today.

Meanwhile, Fasiah said Fama, through its subsidiary Fama Corporation Sdn Bhd, is expected to further expand its business activities by exploring more challenging avenues this year to help more entrepreneurs.

It includes making full use of the spaces available in distribution complexes or operation centres, including in Bukit Mertajam, by creating cold room facilities and a Retort Packaging Technology Centre with an allocation of RM1.5 million.

“The facilities can help local entrepreneurs who have access to the export market, and improve the quality of packaging and aseptic processing made from various layers of flexible laminate,” he said. – Bernama, January 10, 2022

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