Garak Market's reduced auction space... concerns about price distortion in 'temporary auctions'

Published 2025년 12월 2일

Tridge summary

[Korean Farmers' Newspaper Reporter Du-hyun Lee] To meet the surge in the distribution of cabbage and radishes during the kimchi-making season, temporary auctions were held even in areas outside the main auction hall at Garakdong Wholesale Market for Agricultural and Marine Products. However, it has been pointed out that the temporary auction sites may result in relatively lower prices due to fewer participating wholesalers. Since the start of the kimchi-making season last November, the average daily cabbage intake at Garak Market has been 963 tons, and radishes (including bundled radishes) have been 1004 tons, a significant increase from 704 tons and 669 tons in October. The Seoul Metropolitan Agricultural Products Corporation explained that they had secured spaces such as the intake and discharge area, parking lot, and west side open field of Vegetable Market 2 to prepare for the first kimchi-making season this year, but,

Original content

The volume of Chinese cabbage and radishes has surged during the kimchi-making season, leading to concerns over relatively low prices due to insufficient participation of wholesalers in temporary auctions held outside the main auction hall at Garakdong Agricultural Products Wholesale Market. Despite securing spaces such as parking lots, the low participation of wholesalers in temporary auctions has raised concerns about the formation of relatively low prices. The average daily volume of Chinese cabbage and radishes entering Garak Market in November was 963 tons and 1004 tons, respectively, significantly higher than the 704 tons and 669 tons in October. The Seoul Metropolitan Agricultural Products Corporation had secured spaces such as the entry and exit areas, parking lots, and open fields on the west side of the Vegetable 2 Building to prepare for the first kimchi-making season of the year, but problems with the price formation process due to low participation of wholesalers in ...

Source: Agrinet