News

Some vegetables in South Korea has been on a downward trend due to Covid-19

Vegetables
South Korea
Published Dec 4, 2021

Tridge summary

Recently, the price of some vegetables has been on a downward trend due to the number of confirmed cases of 'novel coronavirus infection (COVID-19)'. This is attributable to a decrease in the consumption of agricultural and livestock products as demand for dining out has slowed. There are concerns about auction setbacks as new cases of COVID-19 are reported every day in the national agricultural and fishery wholesale markets. Does the eating-out competition freeze again? Bad news for vegetable market prices = As the foodservice industry takes an emergency again due to the re-spread of Corona 19, the market prices of vegetables and red pepper, which are in high demand in restaurants, are struggling. At the Garak Market in Seoul on the 1st, a box of 4 kg of green lettuce was traded for 11,617 won. This is the result of a gradual decline from the mid-20,000 won mark on the 1st of last month. The current market price is 32% lower than the average of 17,170 won in December last year. Cheongyang pepper prices are also on the decline. The meridian price of 10 kg of Cheongyang pepper, which exceeded 40,000 won until early November, fell to 32,297 won a day. This is 5% lower than the average of 33,824 won in December last year. The same is true for kale leaves.

Original content

Recently, the price of some vegetables has been on a downward trend due to the number of confirmed cases of 'novel coronavirus infection (COVID-19)'. This is attributable to a decrease in the consumption of agricultural and livestock products as demand for dining out has slowed. There are concerns about auction setbacks as new cases of COVID-19 are reported every day in the nationwide agricultural and fishery wholesale markets. ◆Does the eating out competition freeze again? Bad news for vegetable market prices = As the food service industry takes an emergency again due to the re-spread of Corona 19, the market prices of vegetables and red pepper, which are in high demand in restaurants, are struggling. At the Garak Market in Seoul on the 1st, a box of 4 kg of green lettuce was traded for 11,617 won. This is the result of a gradual decline from the mid-20,000 won mark on the 1st of last month. The current market price is 32% lower than the average of 17,170 won in ...
Source: Nongmin
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