Businesses and people who have managed to get their hands on a popular sriracha sauce brand are listing the spicy condiment for high prices, but consumers are split on the costs.
www.foxbusiness.com
Fans of sriracha sauce might have to find a new spice alternative.
Continual chili supply disruptions are hampering production within one of the nation’s leading sriracha sauce manufacturers for a second year in a row.
Huy Fong Foods, Inc., a California-based hot sauce company that supplies bottles of sriracha sauce to restaurants, grocery stores and other food retailers throughout the country, has been struggling to keep up with demand while droughts in Mexico kill off essential pepper crops.
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.
Some of the recognizable, green-topped bottles, which are colloquially referred to as "Rooster Sauce," in reference to the brand’s rooster logo, are being listed and sold for around $30 (plus shipping), which includes Huy Fong’s 9-, 17- and 28-ounce bottles.
At the time of publication, some sponsored sellers on eBay who have agreed to pay the auction website a percentage of their sale price for higher placement in search results, have sold single 9-ounce bottles for $26.98, 17-ounce two packs for $54.49 and 28-ounce two packs for $71.99.
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.
Bulk size packages that contain 50 packets with under an ounce each are also being sold for $23.94.
Sponsored Huy Fong Sriracha Hot Chili Sauce listings on eBay.
Buying it at that price must be what people felt paying $600 for a case of 9mm ammo or a $1.00 a round for .22LR.
Reminds me of The Great King Syrup Shortage during the covid. NY shut the plant down and it was nowhere to be found but eBay where it was going for $50.00+ a bottle.