South Korea: Strawberry and tangerine prices soar due to abnormal weather

Published 2024년 12월 16일

Tridge summary

Winter fruits, such as strawberries and tangerines, are experiencing price hikes due to abnormal weather conditions. Strawberry supply has been affected by high temperatures, leading to a delay in shipment and a 25% increase in retail prices compared to last year. Tangerine prices have also risen by 14% due to heat wave damage, but the increase is expected to be limited due to the production of alternative tangerine fruits like Hallabong.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Winter is the season… Strawberry and tangerine prices skyrocket due to abnormal weather [Anchor] Strawberries and tangerines are representative fruits that are in season in winter. However, the prices of both fruits have risen significantly recently, making it difficult to buy them with peace of mind. Reporter Oh Ju-hyun investigated why. [Reporter] A franchise cafe that presents strawberry cakes in winter. In previous years, strawberry cakes filled the shelves, but now only one is on display. "Strawberries were supplied starting from the weekend, but they were all sold out during the day." The head office explained the strawberry cake shortage as "due to a surge in demand," but it seems that the supply of strawberries has not been smooth until recently, so supply has not been able to keep up with demand. Recently, strawberry prices have risen so much that the word "season" has become meaningless. The retail price of strawberry products is 2,793 won per 100g, ...
Source: Yonhapnewstv

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