Sellers online are jacking up the price for bottles of Sriracha amid an ongoing shortage.
tl;dr: sriracha is selling for ~$40-$70 a bottle due to a shortage of red jalapeño crops, caused by climate change (specifically, extremely hot, dry weather as well as landslide effects from various climate events in the previous years). huy fong says sriracha is resuming limited production but did not specify when this production began or how limited it was.
Underwood Ranches, which sells its own Sriracha sauce, has not had trouble getting jalapeños from Mexico, owner Craig Underwood told The New York Times this week — while also pointing to “huge demand for our product from Huy Fong’s former customers.”