South Korea: Chinese cabbage wholesale price increased by 160.7% in one month, more like typhoon damage

Published Aug 13, 2023

Tridge summary

The wholesale prices of Chinese cabbage and radish in South Korea have increased significantly in the past month, with cabbage prices rising by 160.7% and radish prices rising by 127.3%. This increase is likely due to the damage caused by Typhoon 'Kanun' and the heat wave the country is currently experiencing. Prices for other vegetables such as green onions and spinach have also increased by over 50% compared to a month ago.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Chinese cabbage wholesale price 160.7% ↑ in one month… More like typhoon damage Following the rainy season last month, the price of agricultural products is showing a strong trend amid the heat wave at the beginning of this month. According to the agricultural distribution information of the Korea Agro-Fisheries & Food Trade Corporation, the wholesale price of cabbage on the 11th was 25,760 won per 10 kg, up 160.7% from 9,880 won a month ago. The wholesale price of radish also increased by 127.3% to 29,320 won per 20 kg compared to 12,900 won a month ago. Green onions and spinach also rose by more than 50% each from a month ago. If crop damage caused by Typhoon ...

Source: Yonhapnewstv