South Korea: Chuseok holiday have passed but jujube prices still strong due to poor harvest

10 kg of raw jujube traded 67,71 won Around 40,000 won, higher than the average year Boeun Jujube Festival goes online Although the Chuseok holiday, which can be said to be the peak season, has passed, jujube prices are expected to remain strong due to the unprecedented poor harvest. At the Garak Market in Seoul on the 16th, 10 kg of raw jujubes was traded at 67,71 won. This is significantly higher than the same day last year (48,221 won) or the average price (around 40,000 won), just a week before Chuseok. Since jujubes are in high demand, they usually show a high market price before Chuseok before falling. However, officials believe that this year, the price will continue to remain high even after Chuseok, when the harvest begins in earnest. The Boeun-gun Hwangto Jujube Association decided to raise the selling price of this year's raw jujubes by 2,000 to 5,000 won per kg. The reason why the jujube harvest this year was sluggish is because of the unusually high temperature, ...