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CAP urges suspension of produce exports amid monsoon-driven price hikes in Malaysia

In Malaysia, the Consumers' Association of Penang (CAP) has urged the government to suspend the export of local produce until the end of the monsoon season, citing a shortage that has led to increased prices for fruits and vegetables. CAP's surveys indicate a rise in prices for several items, with beans now costing from $2.03 to $3.95 per kilogram, ladies' fingers from $1.58 to $2.82, long beans from $1.81 to $4.52, mustard greens from $1.35 to $2.71, and red chilies from $1.81 to $4.07.

This price hike is attributed to the reduced availability of these goods due to heavy rainfall. CAP has highlighted the potential for further price increases and emphasized the need for Malaysia to prioritize local demand over exports during this period. Additionally, CAP has called for an investigation into the price surge by the domestic trade and cost of living ministry's enforcement unit, noting the adverse effects on low-income populations. The organization also recommended measures to improve food distribution efficiency, reduce the role of middlemen, and support farmers to ultimately lower costs and enhance food security.

Source: FMT

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