Rising Prices of Lemang Due to Coconut Shortage Ahead of Hari Raya
Lemang Sellers Forced to Increase Prices
With Hari Raya Aidilfitri just two weeks away, many lemang sellers are raising their prices as the cost of coconut milk continues to climb due to the ongoing coconut shortage. The price of lemang is expected to increase to between RM25 and RM30 per stick, driven by the soaring cost of coconut milk, a key ingredient that significantly impacts production expenses.
Demand Remains Strong Despite Price Hike
Despite the price hike, demand for lemang, a must-have traditional food during the celebration, remains strong. Sales are expected to pick up and peak in the days leading up to Hari Raya.
Lemang Seller’s Dilemma
A lemang seller in Wangsa Maju, Kuala Lumpur, Mohd Karim Ismail, 57, said he has no choice but to increase prices for the festive staple due to rising costs of essential ingredients, particularly coconut milk, glutinous rice, and bamboo.
Consumers Association of Penang’s Concerns
Consumers Association of Penang (CAP) president Mohideen Abdul Kadeer raised concerns that such price hikes may lead to vendors passing costs to consumers, particularly during the festive season. He said price hikes for coconuts have already led to higher costs for essential ingredients such as coconut milk, which is used in rendang, dodol, and nasi lemak.
Coconut Shortage Persists
Mohideen said that imported coconuts have seen a gradual price increase, reaching RM4 each while local coconuts now cost RM2.50 and the shortage of local coconuts remains. "This has caused the price of coconut milk to increase to RM16 per kilogramme, which would significantly impact consumers and disrupt traditional food preparations," he said.
Government’s Plan to Address Shortage
Mohideen said that the government has announced plans to increase coconut imports to address the ongoing shortage and ensure a stable supply. However, the outcome remains uncertain. According to traders, coconut wholesalers have said there will be no shortage during the Hari Raya celebrations.
Potential Impact on Consumers
Mohideen said vendors may have no choice but to pass the full or a significant portion of the increased costs to consumers, which could impact affordability. As prices rise, consumers may become more selective in their purchases or reduce the quantity they buy, potentially affecting revenue for vendors.
Call for Government Intervention
Mohideen called on the government to introduce price controls on essential ingredients such as coconut milk and rice to ease the burden on vendors and consumers, and stabilise prices for traditional foods. "Many small-scale lemang vendors may raise the price of their products to reflect the higher cost of ingredients. However, this comes with the risk of losing customers, especially those on tight budgets during the festive season," he said.
Conclusion
The rising prices of lemang due to the coconut shortage may lead to a significant impact on consumers, particularly during the festive season. As prices rise, consumers may need to reconsider their purchasing habits, and vendors may need to find ways to adapt to the new market conditions. It is essential for the government to address the issue of the coconut shortage and ensure a stable supply to prevent further price hikes.
FAQs
- What is the expected price of lemang due to the coconut shortage?
The price of lemang is expected to increase to between RM25 and RM30 per stick. - What are the key factors contributing to the price hike?
The soaring cost of coconut milk, a key ingredient, is the primary factor driving the price increase. - What is the current price of coconut milk?
The price of coconut milk has increased to RM16 per kilogramme due to the shortage of local coconuts. - What is the government’s plan to address the coconut shortage?
The government has announced plans to increase coconut imports to ensure a stable supply, but the outcome remains uncertain.