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Your mandarin oranges will cost more this Chinese New Year

Published on 12 January 2018|
2 min read

If a pork shortage isn’t bad enough, we may have to fork out more for mandarin oranges this Chinese New Year.

by Stanley P, Carrybeans

Yes, our favourite mandarin oranges (the easiest fruit to peel, ever) are looking to be more expensive in Sabah this year. Thanks to inflation, wage increases and fluctuating strength of the ringgit, our beloved Chinese New Year fruit is going to pinch our pockets.

 

A 30% increase for bigger fruit, 10% for smaller ones

A rep for local importer of the fruit, Lo Siew Lin Sdn Bhd, told Borneo Post yesterday that there will be a 30% increase in price for M and L size oranges, while S size oranges will see a 10% increase.

He said M and L size oranges have decreased in supply, accounting for the greater price hike. Bigger oranges are riper and sweeter, thus the greater demand.

Okay lah, we can attest to that. Seriously, who doesn’t love peeling and eating big, juicy mandarin oranges while chatting away with friends during CNY visits?

 

Credit: Firdaus Latif

While we can already see piles of mandarin oranges appearing in supermarkets around Kota Kinabalu (and elsewhere in the state, we’re sure), Lo said his company will be distributing the boxes three weeks before Chinese New Year.

First the pork shortage, and now this. What’s happening…

 

It’s a worrying trend

Honestly, though, the price increase of mandarin oranges should not come as a surprise to us. In the last few years, there have been price hikes before the Chinese New Year. In 2017, there was a 30% price increase for L and XL oranges as well as 20-25% price increase for S and M sized oranges. Similar trends were also observed in 2015.

Mandarin oranges has always been synonymous with Chinese New Year as it is a symbol of prosperity and good luck.

The practise of giving away mandarin orange to relatives and friends (and receiving them in return) is a regular practice during Chinese New Year.  In recent years, however, the tradition had diminished  considerably, especially among the younger generation. This had led to an overall decrease in demand of the fruit, which may be why it’s pricier too.

 

All in all, a pricier Chinese New Year

This news, along with the shortage of pork supply, definitely means our Chinese New Year will be more taxing on our wallets. However, don’t let this this dampen your celebrations. After all, it’s the time with our loved ones that is truly important.

We just hope our angpao collection will not be affected!

So, what do you think of the price increase? Are you a mandarin orange-eating monster? Tell us in the comments below.

Did you know that a Sabahan had just bought a piece of land using bitcoin?

Featured Image CreditDaria-Yakovleva

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