Government of South Korea supplies pollock and mackerel stockpiles to the market

The Ministry of Maritime Affairs and Fisheries announced on the 20th that it will supply 1,879 tons of 6 kinds of fish stocked by the government (poldock, mackerel, squid, blackfish, mandarin fish, dried anchovy) to the market to stabilize prices during the Lunar New Year holidays. The amount of discharge by item is 8701 tons of pollock, 297 tons of mackerel, 696 tons of squid, 484 tons of blackfish, 622 tons of reference, and 79 tons of dried anchovy. The amount of discharged goods is adjusted flexibly during the discharge period in consideration of price fluctuations and supply and demand conditions. The Ministry of Maritime Affairs and Fisheries supplies government stockpile seafood at a unit price of about 10 to 30% lower than the market price. The government stockpiled seafood is first supplied to traditional markets, large retailers, and home shopping where consumers can purchase directly. The remaining quantity will be allocated to the wholesale market or electronic bidding ...