Radish and Chinese cabbage prices are 'exciting' due to the long rainy season. Government promotes supply and demand stabilization measures in South Korea

Published Aug 10, 2020

Tridge summary

South Korea is experiencing a significant increase in the prices of agricultural products such as Chinese cabbage, radish, and lettuce due to the ongoing rainy season. The Ministry of Agriculture, Food and Rural Affairs is taking measures to stabilize the supply and demand of these products. Despite the heavy rains, garlic and onions are maintaining a stable price flow. However, the prices of fresh fruits like peaches and grapes have fallen due to a drop in sugar content. The Ministry is also monitoring the supply and demand situation and will review countermeasures if necessary.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Seoul = Yonhap News) Reporter Go Eun-ji = The price of some agricultural products such as radishes and cabbages has risen due to the rainy season that continues on the 48th day. Earlier this month, the wholesale price of Chinese cabbage rose more than double that of last month, and the price of lettuce also increased 1.6 times. As the prices of agricultural products became unstable ahead of Chuseok and Kim Jang-cheol, the Ministry of Agriculture, Food and Rural Affairs announced on the 10th that it will implement measures to stabilize supply and demand, focusing on major agricultural products that are close to people's livelihoods and consume large amounts of cabbage, radish, lettuce, green pumpkin, and sesame leaves in the second half of the year. ◇ Radish and Chinese cabbage prices are rising… "It will not be affected by Kim Jang-cheol" Cabbage and radish are mainly produced in Gangwon-do, Taebaek, Pyeongchang, and Jeongseon, where the heavy rain damage is not large. The ...

Source: Yna