South Korean Government to release 10,000 tons of kimchi ingredients such as red pepper and garlic
Fresh Garlic
Red Peppercorn
South Korea
Published Oct 29, 2022
Tridge summary
On the 25th of last month, a cabbage stands at a large mart in Seoul. Yonhap News The government decided to release 10,000 tons (t) of kimchi ingredients such as red pepper and garlic to the market ahead of the kimchi season in November and support price discounts.
Original content
On the 25th of last month, a cabbage stand at a large mart in Seoul. yunhap news Before the kimchi season in November, the government decided to release 10,000 tons (t) of kimchi ingredients such as red pepper and garlic to the market and provide price discounts. It also decided to expand temporary tariff cuts on 10 items, including liquefied natural gas (LNG) and eggs, to ease the burden of heating costs in winter. Deputy Prime Minister and Minister of Strategy and Finance Choo Kyung-ho held an emergency economy ministers meeting at the government complex in Seoul on the 28th and said, “When kimchi season starts in earnest in November, there is a possibility that price volatility will increase centering on kimchi ingredients. We will do everything we can to keep the price of kimchi lower than last year by promoting meticulous supply-demand and price management.” As the supply of kimchi ingredients such as garlic, onion and salt this year is expected to decrease slightly ...
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.