TAIPEI (TVBS News) — Taiwan's leading salt producer, Taiyen Biotech Co., Ltd.'s stock prices reached a record-breaking peak at NT＄40.5 on Monday (Aug. 28), hitting a 19-year high due to customers' panic buying after Japan began to dump treated radioactive wastewater.
In a statement issued a day earlier aiming to alleviate public concerns over a potential salt shortage, Taiyen reassured the public that Tung-Hsiao Electrodialysis Refined Salt Factory could meet the country's needs.
Hoping to avoid unnecessary panic, Taiyen urged the public to refrain from stocking up on salt and trust its capability to ensure plenty and a high-quality salt supply, as similar stockpiling behaviors occurred in South Korea and China recently caused by Japan's nuclear wastewater disposal.
The Japanese government started releasing treated water from the tsunami-hit Fukushima nuclear plant into the Pacific Ocean on Aug. 24, sparking an outcry from nearby countries.