South Korea: Golden cabbage is still in season ahead of kimchi season, seasonal mackerel is also precious

Published 2024년 10월 20일

Tridge summary

Due to a long heat wave last summer, prices for agricultural products such as cabbage and radish, used in making kimchi, are higher than last year. The Ministry of Agriculture, Food and Rural Affairs anticipates that prices will decrease as shipments have increased, but consumers are not yet feeling the effects. The government also plans to address the high water temperature phenomenon affecting seafood production and the resulting price increases.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Kimchi season is approaching, but cabbage and radish prices are still high. Due to the long heat wave last summer, not only agricultural products but also seasonal seafood production has plummeted. This is reporter Oh Ju-hyeon. [Reporter] The heat wave continued until last month, and the prices of major kimchi vegetables have remained high due to the poor growth of agricultural products. As of the 18th, the retail price of one head of cabbage was 9,123 won, about 40% more expensive than last year. Another kimchi vegetable, radish, is 3,561 won per head, up 47% from a year ago. The Ministry of Agriculture, Food and Rural Affairs recently forecasted that prices will fall soon as cabbage and radish shipments have increased, but it is still difficult for consumers to feel the effects. "We expect supply conditions to improve and prices to stabilize starting in late October. We hope you will trust the ...
Source: Yonhapnewstv

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