Sriracha prices spiking in online markets amid prolonged shortage
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Published: Jun. 29, 2023 at 7:28 PM CDT|Updated: Jun. 29, 2023 at 8:10 PM CDT
(CNN) – First it was eggs, and now it’s a popular hot sauce.
Prices for Sriracha are through the roof because of supply problems.
On eBay, a 28-ounce bottle was selling for nearly $70 as of Thursday night. It’s no better on Amazon, where a pair of bottles were selling for up to $124.
Huy Fong Foods, the manufacturer of the sauce, said the company has had a shortage of the key ingredient, the spicy chili peppers, for the past three years.
A spokesperson said they’re trying to put measures in place to avoid future shortages, but in the meantime, they have no idea when supplies will catch up with demand.
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