Sriracha scarcity drives prices to unprecedented heights
TL;DR
The prolonged shortage of Sriracha sauce, caused by a limited supply of chili peppers, has led to skyrocketing prices on the black market, with some sellers on eBay offering a two-pack for as much as $120. Huy Fong Foods, the maker of Sriracha sauce, has been grappling with the shortage for the past three years, affecting production and causing supply issues. The company has no estimations on when the supply will increase and is working to avoid future shortages.
Topics:businessfood-and-drink#black-market#food-and-drink#high-prices#huy-fong-foods#shortage#sriracha-sauce
- Sriracha sauce selling for as much as $120 per two-pack amid prolonged shortage WLS-TV
- Where did all the Sriracha go? Sauce shortage hiking prices to $70 in online markets CBS News
- Sriracha shortage sees sauce prices spike to over $70 a bottle Yahoo Finance
- Sriracha prices soar amid ongoing supply shortage linked to droughts NewsNation Now
- Sriracha shortage heads into second year CBS News
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