Scallion price still tripled last year, downward forecast for next month

Published 2021년 3월 28일

Tridge summary

In South Korea, the price of green onions (leek products) surged three times higher than usual due to bad weather conditions. However, with the upcoming spring onion shipment season in mid-April, prices are anticipated to stabilize as the cultivation area increases, and assuming good crop conditions. The retail price of 1kg of green onions currently stands at 6,403 won, a decrease from the previous month but still significantly higher than normal.

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

Original content

'Goldpa' price still tripled last year Downward Prospects for Next Month The prices of green onions, which soared due to bad weather, are expected to stabilize gradually as the spring onion shipment season begins in the middle of next month. According to the Korea Agricultural and Fishery Food Distribution Corporation, on the 26th, the average retail price of 1kg of leek products was 6,403 won, down 11.7% from last month, but it is more than 2-3 times more expensive than normal. The Agricultural Observation Headquarters of the Korea Rural Economic Research Institute predicted that the spring onions, which will be shipped ...

Source: Yonhapnewstv