Huy Fong Foods, Inc., a leading sriracha sauce manufacturer, struggles to meet demand as chili crops fail — online resellers raise prices in response.
Bottles of Huy Fong Foods Sriracha sauce are displayed on a supermarket shelf on June 10, 2022 in Larkspur, California. Due to a shortage of the chili peppers used to make Sriracha hot sauce, the popular condiment is becoming hard to find on store shContinual chili supply disruptions are hampering production within one of the nation’s leading sriracha sauce manufacturers for a second year in a row.
Yet resellers on e-commerce platforms such as eBay and Amazon are filling gaps with listings that mark single bottles for exorbitant prices.Typically, 9-, 17- and 28-ounce bottles of Huy Fong Sriracha Hot Chili Sauce retail for less than $5, according to listings from big box retailers like Walmart and Target, but the condiment appears to be sold out.
Under another eBay listing, the page says 12 of the 28-ounce bottles have been sold for upward of $69.99. One bottle costs $69.99; yet if shoppers purchase more than one bottle, the price slightly goes down, according to the listing.On Amazon, resellers of Huy Fong’s Sriracha Hot Chili Sauce have listed single and multipack bottles for tens of dollars.
"Unfortunately, we can confirm that there is an unprecedented shortage of our products," a representative of Huy Fong Foods wrote in an emailed statement to FOX Business. "We are still endeavoring to resolve this issue that has be caused by several spiraling events, including unexpected crop failure from the spring chili harvest. We hope for a fruitful fall season and thank our customers for their patience and continued support during this difficult time.
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