As frustrated fans continue to face store shelves missing Huy Fong Foods’ Sriracha, the beloved red hot sauce, third-party resellers are punching up prices.
In this Oct 29, 2013 photo, Sriracha chili sauce is produced at the Huy Fong Foods factory in Irwindale, Calif.
For those still in stock, prices range depending where you look. As of Thursday morning, for example, ads for a single 17-ounce bottle on eBay stretched from around $20 to a whopping $150 — contrasting significantly with the price tags of other hot sauce brands, which don’t appear to have the same level of supply troubles.
“Because we do not sell directly to retail/market levels, we cannot determine when the product will hit shelves again and/or who currently has the product in stock,” Huy Fong said in a prepared statement. “We are grateful for your continued patience and understanding during this unprecedented inventory shortage.”Some experts say that Huy Fong’s shortage is partially a consequence of climate change — pointing to weather shifts and extreme drought in Mexico and the U.S.
Huy Fong’s troubles with chile supply aren’t new. When the company suspended sales last year, it pointed to a 2020 email warning of a chile pepper shortage, noting that a lack of supply had become more severe due to recent weather conditions. She added that it looks like this year will be a strong season for jalapeño and other chile growth in the region.Huy Fong, which was founded decades ago by David Tran, currently sources its chile peppers from various farms in California, New Mexico and Mexico.
According to Underwood, there has continued to be a steady supply of jalapeño peppers from Mexico. Underwood Ranches, which now sells its own brand of Sriracha, also started producing red jalapeño peppers again this year — in part because of the Huy Fong shortage, he added.The erosion of Huy Fong’s available supplies has rocked the prices of the brand’s Sriracha that is still available.
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