South Korea: Jeongwol Daeboreum 5 grains and bureum prices down 17.2% from last year

Published Feb 10, 2022

Tridge summary

The price of five grains and burrum used during the Lunar New Year's Day has decreased by 17.2% compared to the previous year, according to Korea Price Information. The cost was 124,600 won in a traditional market, which is 33.1% cheaper than a large mart. The decrease in price is due to an increase in cultivated area and crop improvement for pine nuts and chestnuts. However, the prices of walnuts, ginkgo nuts, and peanuts have increased due to increased labor costs.

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Original content

(Seoul = Yonhap News) Reporter Shin-Young Lee = The price of burrum and five grains eaten during the Lunar New Year's Day was found to be cheaper than last year. Korea Price Information, a price research institute, announced on the 10th that as a result of conducting a price survey of 10 major items ahead of the Lunar New Year’s Day (15th), the cost of purchasing in a traditional market was 124,600 won, down 17.2% from the same period last year. . The subjects of the investigation were five grains of rice (glutinous rice, millet, perilla, red bean, black bean) and five ingredients (pine nut, chestnut, walnut, ginkgo biloba, peanut). When purchasing at a large mart, 165,850 won is required, but the purchase price at a traditional market is 33.1% cheaper than that of a large mart. “The price of all items went up last year, but most prices fell this year except for some items,” Korea Price Information said. Pine nuts and chestnuts, the main ingredients of five grain rice, have ...

Source: Yna