South Korea: The government supplies 5,000 tons of marine products such as pollock, mackerel, and squid

Published 2021년 5월 16일

Tridge summary

The Ministry of Oceans and Fisheries in South Korea is planning to stabilize the market prices of seafood by releasing 5,395 tons of marine products, including pollock, mackerel, and squid, on the market by the end of next month. These products will be available at traditional markets, large retailers, and home shopping channels at unit prices that are approximately 10-30% lower than the current market rates. The remaining stock will be distributed to wholesale markets or sold through electronic bidding systems.

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

Original content

The government supplies 5,000 tons of marine products such as pollock, mackerel and squid The Ministry of Oceans and Fisheries will supply 5,395 tons of 6 types of government-stocked seafood such as pollock, mackerel and squid to the market by the 9th of next month to stabilize prices. By item, there are 3,185 tons of pollack, 832 tons of mackerel, and about 400 tons of cuttlefish and chopsticks, and squid. The Ministry of Maritime Affairs and Fisheries plans to supply them to traditional markets, large retailers, and home shopping that consumers can directly purchase at a unit ...

Source: Yonhapnewstv