APD | Vegetable price soars as Vegetarian Festival kicks off in Thailand

BY APD NEWSOct 12,2018 at 11:10

By APD writer Juicy Chan

BANGKOK, Oct 12(APD)– Commerce Minister Sontirat Sontijirawong recently warned all commodity suppliers not to dramatically hike up prices in the wake of the national vegetarian season which kicks off today until October 17.

Vendors at fresh markets have complained to local media, saying that vegetable prices have climbed up by a few baht per kilo way before the start of the Chinese Vegetarian Festival.

The price of a kilo of celery, which cost around 10 baht only recently, had risen more than 30 per cent to 14 baht per kilo today.

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Some people started their vegetarian diet a few days ago to ensure their systems were free from meat when the festival starts.

Vegetarian food in the form of take-aways are sold at around 35 – 40 baht per item.

A la carte vegetarian dishes cost between 40 – 50 baht each.

The Vegetarian Festival promotes vegan food, plant-based food.

According to a survey by the Thai Chamber of Commerce University’s Centre for Business and Economic Forecasting, about 33.8 per cent of people would be joining the festival. 

They plan to buy Chinese vegetarian food from convenience stores or local food shops. 

Some 41.9 per cent of those polled believe they will have to pay more for vegetarian items this year.

It is estimated that the upcoming Chinese Vegetarian Festival will boost cash flow to 45.93 billion baht. 

Although the figure is the highest-ever, it marks a growth rate of just 1.9 per cent. This is the smallest growth rate in 11 years or ever since the centre conducting surveys on Thailand’s Chinese Vegetarian Festival.

(ASIA PACIFIC DAILY)

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