South Korea: 210,470 won for kimchi based on 20 heads of cabbage, 12.1% lower than last year

Published 2022년 11월 27일

Tridge summary

The cost of making kimchi this year is down by 12.1% compared to the end of November last year, according to the Korea Agro-Fisheries & Food Trade Corporation. The cost per 20 heads of cabbage is down 2.1% from the previous week and 4.9% from two weeks prior. Other ingredients such as radishes and chives also saw price drops, while green onions and ginger saw price increases. The government plans to stabilize the supply and demand of kimchi ingredients by providing stockpiled items to the market and connecting discount events with the distribution industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Seoul = Yonhap News) Reporter Cha Min-ji = The cost of making kimchi this year is showing a stable trend at a lower level than last year. The Korea Agro-Fisheries & Food Trade Corporation (aT) announced on the 27th that as of the 24th, the cost of making kimchi for 20 heads of cabbage recorded 210,470 won, down 2.1% from last week (November 17th). This is a 4.9% drop compared to November 10, two weeks ago, and a 12.1% drop compared to the end of November last year. This survey is the result of examining the prices of 14 major kimchi ingredients at 17 traditional markets and 27 large retailers across the country. Cabbage, which is increasing in shipments during the peak season for kimchi, fell 5.1% from last week to 58,605 won per 20 heads. Radishes were priced at 11,443 won per 5 pieces, and chives were priced at 4,244 won per 0.7kg, down 7.4% from last week. In addition, red pepper powder (based on 2 kg) and garlic (based on 1.3 kg) fell by 0.2% and 3.2%. Some seasoned ...
Source: Yna

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