Tridge summary
The article discusses the variation in prices for 'Fuji' apples and pears in the South Korean market, attributed to supply and consumption trends. 'Fuji' apples are experiencing a price surge due to a temporary supply shortage, while pear prices are low due to increased volume and decreased consumption. The prices are expected to adjust with the release of more 'Fuji' apples and with the approaching kimchi season. The production figures for both fruits show a slight decrease for apples and a significant increase for pears compared to last year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
“Fuji” value 32% higher than normal It's going to come down a bit when it's actually shipped. ‘Report’ 3.4% lower value trades Increased volume and sluggish consumption Kim Jang-cheol expects a rebound after sideways Apple and pear prices have been mixed since Chuseok. The price of apples is strong compared to last year and the average year due to a temporary shortage as the price of apples is changed from early to mid-term, while the price of pears is showing a weakness due to an increase in volume and sluggish consumption. The price of apples is expected to decline when is released in earnest, and the price of pears is expected to rise during the kimchi season. At the Garak Market in Seoul on the 17th, apples were traded at an average price of 39,617 won per box of 10 kg product. This is 40.5% higher than the average meridian value in October of last year (28,185 won) and 31.8% higher than the average meridian value in October of last year (351 won). ...
Source: Nongmin
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
What to read next
Read more relevant content
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.