South Korea: Chinese cabbage, radish, red pepper powder price drop

(Korea Agricultural Newspaper = Reporter Kim Heung-joong) As the kimchi-making season begins in earnest, this year's kimchi-making cost continues to stabilize at a lower level than the previous year. According to the results of the survey on the 17th by the Korea Agro-Fisheries & Food Trade Corporation (aT, President Kim Chun-jin), the cost of making kimchi based on 20 heads of cabbage was 215,037 won, down 2.9% from last week (November 10), and compared to mid-November last year. It was found to be 12.2% lower than the comparison. This survey is the result of the KTO's survey of the prices of 14 major kimchi ingredients at 17 traditional markets and 27 large retailers across the country, following last week. This result is believed to be due to a drop in the price of cabbage, radish, and red pepper powder, which account for a large proportion of kimchi ingredients, and thus the overall cost. Cabbage and radish shipments increased by 4.5% each compared to the previous week due to ...