Politicization of eggs
The price and availability of eggs have once again become a hot topic. With presidential and legislative elections next year, the question of eggs — which would normally belong in the economic sphere — has become a political issue.
Hon Hai Precision Industry Co founder Terry Gou (郭台銘) would not normally care about the price of eggs or take aim at the Democratic Progressive Party (DPP), nor would opposition parties be asking whether the DPP can do anything about missiles if it cannot even take care of eggs.
Some media outlets that favor the pan-blue camp have been making a big fuss about the issue, claiming that there are no eggs for sale and none to eat, but is that really so?
At about midday on Thursday last week, I went to an A-Mart near my home, where there were still eggs on sale, although the price of one carton had gone up to NT$70. I proceeded to a grocery store at Jingmei Market, where a few days previously the wholesale price for 1 jin (600g) of white eggs was NT$52 and the retail price was NT$56, but on Thursday the retail price had risen to NT$65.
At a little after 4pm on the same day, I went to a nearby Pxmart, where eggs were still on sale, but the price was quite a lot higher at NT$90 per carton.
When reporting on the egg situation, the media should not only listen to people who have not been able to buy eggs. If they interview people in the afternoon, it is more likely that eggs would be sold out. A few cases do not mean that there are no eggs on sale anywhere, but the media’s over-the-top reporting might make people anxious, so those who would normally buy one carton at a time would buy several.
When there is such high demand without increased supply, of course the retail price would go up, with store owners making more profit while consumers lose out.
With the wholesale price at NT$52 per jin, the retail price of NT$56 was quite reasonable. With the market price rising to NT$65 or more, of course it is causing resentment.
It would be a good idea for the Council of Agriculture to hold a news conference at a suitable time and give a sincere account of the following questions:
First, what is the true situation of the supply of eggs?
Second, why has the retail price of eggs risen to a new high of NT$56?
Third, how do egg prices in Taiwan compare with other places, such as the US, Japan, Europe and Singapore?
Answers to these questions might assure consumers that the retail price of eggs in Taiwan has not gone up to an unreasonable extent.
The ruling party cannot just disregard the politicization of egg prices. It must communicate effectively with the public; otherwise, it risks facing renewed accusations of being clueless.
Chiu Ping-chin
Taipei
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