South Korea: Discharge of contaminated water in Japan is imminent, food industry preparation for contraction of consumption

Published 2023년 6월 13일

Tridge summary

Japan is preparing to discharge radioactively contaminated water from the Fukushima Daiichi Nuclear Power Plant, causing concern in the domestic food industry and leading to preparations for reduced seafood consumption and safety verifications. The Shinan-gun Fisheries Cooperative Direct Store has announced a 20% price increase for 'Shinan Sea Salt 2021' due to decreased production and increased demand, alongside reports of consumers stockpiling seafood. Leading tuna manufacturer Dongwon Group is enhancing radiation analysis to ensure product safety, and supermarkets are planning to increase testing frequencies. Despite these measures, there is no reported decline in seafood consumption as of now, with companies and retailers maintaining vigilant plans to address the situation.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Independent members of the Citizens' Group are shouting slogans against the dumping of radioactive water from Fukushima in front of the Twin Tree Towers in Jongno-gu, Seoul on the 12th. 2023.6.12/News 1 While Japan has started commissioning facilities for discharging radioactively contaminated water from the Fukushima Daiichi Nuclear Power Plant, the domestic food industry has begun to prepare for a contraction in seafood consumption and at the same time verify the safety of seafood products. On the 13th, according to the Shinan-gun Fisheries Cooperative Direct Store, it announced that the price of ‘Shinan Sea Salt 2021 Year 20 kg’ would increase by 20% from 25,000 won to 30,000 won from the 8th. Sinan-gun accounts for 85% of the nation's bay salt production, and orders to buy bay salt are increasing more than 100 times. There is a movement of stocking up on seafood among some consumers. Salt production has decreased as the number of working days in the salt farm has decreased due ...
Source: Donga

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.