News

Korea Fruit and Vegetables announces an increase in shipment incentives ahead of Chuseok

Fruits
South Korea
Published Aug 29, 2023

Tridge summary

Seoul Garak Market Fruit and Vegetables Wholesale Market Corporation, Korea Fruit and Vegetables, will increase the shipment incentive for domestic fruits from September 11 to 27 to stabilize supply and demand ahead of the Chuseok holiday. The increase in shipment incentives will be an additional payment of 0.15% of the transaction amount and will cover all domestic fruit items. Korea Fruit and Vegetables will also expand the items eligible for shipment incentives during the Chuseok season and provide additional support for special transportation costs.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Seoul Garak Market Fruit and Vegetables Wholesale Market Corporation Korea Fruit and Vegetables announced on the 28th that it would increase the shipment incentive for domestic fruits from September 11 to 27 to stabilize supply and demand ahead of the Chuseok holiday. The increase in shipment incentives by Korea Fruit and Vegetables is an additional payment of 0.15% of the transaction amount, covering all domestic fruit items. The items that were limited to six items (apples, pears, cabbages, radishes, chestnuts, and jujubes) were significantly expanded during the Chuseok season to stabilize supply and demand. Korea Fruit & Vegetables plans to additionally support special transportation costs (5% of transportation costs) for shipment vehicles as well as shipment incentives. Park Sang-heon, CEO of Korea ...
Source: Nongmin
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