South Korea: Chinese cabbage, radish, red pepper powder price drop
Fresh Cabbage
Parsley
Published Nov 22, 2022
Tridge summary
According to the results of the survey on the 17th by the Korea Agro-Fisheries & Food Trade Corporation (aT, President Kim Chun-jin), the cost of making kimchi based on 20 heads of cabbage was 215,037 won, down 2.9% from last week (November 10), and compared to mid-November last year. It was found to be 12.2% lower than the comparison.
Original content
(Korea Agricultural Newspaper = Reporter Kim Heung-joong) As the kimchi-making season begins in earnest, this year's kimchi-making cost continues to stabilize at a lower level than the previous year. This survey is the result of the KTO's survey of the prices of 14 major kimchi ingredients at 17 traditional markets and 27 large retailers across the country, following last week. This result is believed to be due to a drop in the price of cabbage, radish, and red pepper powder, which account for a large proportion of kimchi ingredients, and thus the overall cost. Cabbage and radish shipments increased by 4.5% each compared to the previous week due to the increase in shipments from producing regions and large retailers' discount events for kimchi ingredients. It fell 6.5%. In addition, the prices of peeled garlic, chives, water parsley, salted shrimp, and anchovy sauce decreased compared to the previous week, and overall kimchi costs remained stable at a low level despite the price ...
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.