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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (1755)4/15/2003 2:30:26 PM
From: Les H  Read Replies (1) | Respond to of 51677
 
Turnip Bubble?

Turning to Turnips as a SARS Cure
Tue Apr 15,10:31 AM ET

BEIJING (Reuters) - A turnip a day keeps the SARS virus away, or so many in China's capital believe.

Turnip prices have jumped in Beijing after the vegetable was touted as a key ingredient in a potion to fight the deadly virus that causes Severe Acute Respiratory Syndrome, peddlers said.

Carrots, leeks, garlic and ginger have leapt in popularity, too, after the popular Star Daily tabloid published a recipe for fighting SARS last week that included them along with turnips.

"A lot of people want turnips," said vegetable vendor Hu Benqiang, adding he expected prices to keep rising.

Long, white turnips are already selling for three yuan per kg ($0.16 per pound) at one neighborhood market, up from 2.40 yuan per kg last week, said Hu. Wholesale prices have shot up more than 30 percent.

Chinese have been trying antibiotics, cold medicines and home remedies such as boiling vinegar and eating whole cloves of raw garlic to fight SARS. One official health newspaper recommended dead silkworms and cicada skins as part of another recipe.

Health experts say there is no known cure for SARS, which has infected more than 3,300 people and killed at least 144 -- nearly half of them in China -- since it emerged in China's southern province of Guangdong in November.

story.news.yahoo.com