Fruit prices remain stable despite the heat wave in South Korea, with peaches down 25%

Published 2024년 8월 11일

Tridge summary

Despite a heat wave, Korea is experiencing stable fruit prices. The retail price of peaches has dropped by 25% compared to last year, and grape prices have also decreased by 7.6%. However, there are concerns about potential quality issues if there is heavy rain. Apple and pear shipments are expected to increase by 10% and 14% respectively, reducing concerns about a sharp rise in apple prices during Chuseok.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Fruit prices are stable despite heat wave… Peaches down 25% This month, the retail price of peaches has dropped 25% compared to last year, showing a stable trend in fruit prices. According to the Korea Agro-Fisheries & Food Trade Corporation, on the 9th, Campbell Early grapes in 1kg were sold for 12,069 won, down 7.6% from last year, and Baekdo peaches in a pack of 10 were sold for 17,758 won, down 24.7% from last year. A large mart official said, “Summer fruit prices are all stable, but if there is a sudden heavy rain, quality issues may arise.” This month, apple shipments are expected to increase 10% and pears 14% compared ...
Source: Yonhapnewstv

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