The price of imported mango in South Korea is on the rise

Published 2021년 3월 3일

Tridge summary

The Consumer Citizens' Meeting Points out that 265 tons of mango imports in January are 94.4% more expensive than Australia, raising concerns about adverse effects on handling domestic fruits and questioning reasonable price. The price of mango is rising, despite being more than twice the price of other countries, and the largest quantity ever entered the wholesale market. Four of the five mangoes traded in the Seoul public wholesale market are distributed through direct brokerage transactions or market wholesalers, and there is a risk of alienation. An amendment to the Agricultural Security Act is being promoted to restrict the designation of items excluded from listing to protect producers and ensure transparency in transactions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Korea Rural Newspaper Reporter Kim Gyeong-wook] Consumer Citizens' Meeting Points out that 265 tons of mango imports in January are 94.4% more expensive than Australia, the second-largest country in the survey on imported fruits from 10 countries, as an'exemption from listing' in the Garak market. Concerns about adverse effects on handling domestic fruits A question mark is being placed on whether imported mango prices are at a reasonable price. The price of mango is on the rise even though the domestic consumer price of mango is more than twice that of other countries among imported fruit items, and the largest quantity ever entered the wholesale market. 30% of all mango imports in Korea are circulated in Seoul's public wholesale markets such as Garak and Gangseo markets, and there is no meridian price to be a reference price because mango is mainly traded except for listing. Four of the five mangoes traded in the Seoul public wholesale market are distributed through direct ...
Source: Agrinet

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