South Korean fruits and vegetables increase shipment incentives and apply to all domestically produced fruit items

Fruits

Vegetables

South Korea

Published Sep 1, 2023

Tridge summary

Korea Fruit and Vegetables is increasing their shipping incentives for domestically produced fruits from the 11th to the 27th in order to stabilize supply and demand before the Chuseok holiday. The incentives include an additional 0.15% of the transaction amount and apply to all domestically produced fruit items. They will also be providing additional support for special transportation costs for shipping vehicles.

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Original content

Korea Fruit and Vegetables, a fruit and vegetable wholesale market corporation in Garak Market, Seoul, recently announced that it would increase the shipping incentives for domestically produced fruits from the 11th to the 27th to stabilize supply and demand ahead of the Chuseok holiday. Korea Fruits and Vegetables' latest shipment incentive increase is an additional 0.15% of the transaction amount, and applies to all domestically produced fruit items. The number of items to stabilize supply and demand during the Chuseok peak season, which was previously limited to six items (apples, pears, cabbages, radishes, chestnuts, and jujubes), has been significantly increased. In addition to shipping incentives, Korea Fruit and Vegetables plans to provide additional support for special transportation costs (5% of transportation costs) for shipping vehicles. Park Sang-heon, CEO of Korea Fruit and ...

Source: Nongmin