Measures need to be taken to stabilize the prices of flatfish and eel in South Korea

Published 2022년 3월 7일

Tridge summary

The prices of flatfish and flounder in Korea are expected to decrease due to increased supply and stocking. The price of flatfish is expected to continue to decline due to an increase in the quantity of medium and large fish. Efforts are needed to control stockpiling, breeding, and shipments long-term. The decline in the price of beef trout is expected to continue until the stocking period of April-May due to the lack of demand, higher-than-average prices, and higher production fish prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As the prices of flatfish (flounder) and flounder (sea rockfish), which have been on a high rise, are expected to show a downward trend in the future, measures to stabilize prices are necessary. According to the Fisheries Observation Center of the Korea Maritime and Fisheries Development Institute (KMI), the local price of flatfish from Jeju (based on the size of 1 kg) in January was 13,996 won per kg, down 6.5% from the previous month (14,975 won). The local price of uruk in January (from Tongyeong, based on the size of 500 g) was also set at 16,750 won per kg, 9.9% lower than the previous month (18,600 won). In the case of flatfish, as shipments increased during the year-end peak season since November of last year, the price of flounder began to decline, and this trend continued in January of this year for most sizes except for some small fish. The current production price is still high compared to the normal year, but the difference from the same month of last year is gradually ...
Source: Fisheco

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