South Korea: Shipments of chestnuts and jujubes for festivals likely to increase compared to last year

◆ Jujubes = It is the general view of those concerned with producing jujubes, such as Boeun, Chungbuk and Gyeongsan, Gyeongbuk, that shipments of fresh jujubes for Jesu will also increase from last year. This is because the yield of fresh jujubes is expected to increase by more than 10% compared to last year due to the favorable harvest compared to the previous year and the low drop rate. However, the market price during Chuseok is expected to be stronger than in the previous year due to a shortage of dried jujubes from last year, which had low production in the aftermath of the rainy season and typhoons. According to the Forest Products Distribution Information System of the Korea Forestry Cooperative Federation, on the 5th, the average selling price per 1 kg of dried jujube products was 18,510 won. This is about 500 won higher than the same period last year (before Chuseok). Jo Sang-jin, head of the sales ...