Rice prices waver again··· December outlook for stabilization

Published 2025년 11월 28일

Tridge summary

[Korean Farmers' Newspaper, Reporter Kim Kyung-wook] After a decline since mid-October, prices showed a slight rebound from mid-November. As of the 27th, with the supply and demand balance at 57,046 won for 20 kg, there seems to be no sharp fluctuation. Mountain-grown rice prices, which had risen steeply until early October, returned to a downward trend after mid-October but showed a slight rebound in November. However, it is expected that the overall supply and demand situation will balance out in December, leading to a stable price trend. According to the National Data Office, the last price for mountain-grown rice in November, announced on November 27th (based on the 25th), was 57,046 won for 20 kg of standard quality, which translates to 228,184 won for 80 kg in one bag.

Original content

Since mid-October, prices have been falling. From mid-November, a slight rebound. As of the 27th, 20kg at 57,046 won. Prices are unlikely to surge or plummet due to balanced supply and demand. The price of mountain rice, which had risen sharply until early October due to a short-term trend, turned to a downward trend after mid-October, but rebounded slightly in November. However, it is expected that the price will remain stable in December as the overall supply and demand situation balances out. The National Data Agency announced on November 27 that the final price of mountain rice for November (dated November 25) was 57,046 won for 20kg of standard rice, which translates to 228,184 won for 80kg per bag. The price of mountain rice this harvest season started at 247,952 won on October 5, but fell to 233,032 won on October 15, 229,612 won on October 25, and 227,816 won on November 5. However, from mid-November, it rebounded slightly to 227,992 won on November 15 and 228,184 won on ...
Source: Agrinet

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.