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Old 21-01-2015, 05:20 AM
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Thumbs up Only in Peesai that Price Rises with Collapse in Oil Price

An honorable member of the Coffee Shop Has Just Posted the Following:

http://www.straitstimes.com/lifestyl...-year-20150120

Quote:Price of mandarin oranges to cost $2 to $3 more per carton this Chinese New Year

Published on Jan 20, 2015 8:11 PM


The price of mandarin oranges is expected to go up by between 10 and 30 per cent this Chinese New Year, due to a fall in output from China and a weakening Singapore dollar.. -- BT FILE PHOTO

SINGAPORE - Expect to pay more between 10 to 30 per cent for mandarin oranges this Chinese New Year, importers say.

Companies are just starting to import mandarin oranges, but costs are higher this year, and Tay Khiam Back, the chairman of the Singapore Fruit and Vegetables Importers and Exporters Association, foresees that prices will go up.

Each 8kg carton of the festive fruit, a pair of which is exchanged when Chinese families visit each other during the New Year, is expected to cost $2 to $3 more than last year, he said.

The price can vary widely depending on the type of mandarin oranges but an 8kg box with 36 to 48 oranges, cost between $20 and $30 last year.



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