South Korea: Price of water parsley increase due to an increase in demand during kimchi season and also a reduction in quantity because of low temperature damage

The price of water parsley is showing strong in the kimchi season. At the Garak Market in Seoul on the 24th, 4 kg were traded for an average of 28,727 won per box. This is 80% higher than the average meridian price of 15,997 won in November last year, and 116% higher than the average price of 13,292 won in November of last year. The main reason for the strength is a decrease in supply and an increase in consumption. It is understood that a significant number of farms have reduced the area of water parsley cultivation due to a shortage of working manpower in Busan and Ulsan, which are the main winter destinations, as well as in Jeollabuk-do. In addition, due to the recent drop in the temperature of the main production area, low-temperature damage has occurred one after another, and in some areas, diseases such as rust and sclerotia have also appeared, resulting in a decrease in commercial quantities. The average daily amount of water parsley brought in from the 17th to ...