Cabbage and radish sale up to 40% discount from the government and announces measures to stabilize supply of kimchi ingredients in South Korea

The government will increase the supply of cabbage, radish, etc. by 10-14% compared to last year to stabilize prices during the kimchi season. It will also support discount sales of up to 50% for major kimchi ingredients, thereby lowering the perceived prices for consumers. On the 23rd, the People Power Party and the Ministry of Agriculture, Food and Rural Affairs held the ‘Kimchi Ingredient Supply and Demand Stabilization Measures Minjoo Party-Government Council’ at the National Assembly and discussed these measures. According to the Ministry of Agriculture, Food and Rural Affairs, there is no prospect of problems with the supply of cabbage and radish, the main ingredients for kimchi this year. It is predicted that prices for auxiliary ingredients such as onions, dried peppers, green onions, ginger, pears, sea salt, and salted seafood will be lower than last year or show a stable trend, as there is sufficient supply capacity. The government plans to stabilize kimchi prices by ...