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

Published 2021년 12월 3일

Tridge summary

The article highlights a decrease in the prices of some vegetables due to a drop in consumption caused by the surge of COVID-19 cases, particularly in the food service industry. This decline is linked to the reduction in dining out activities, leading to concerns about potential setbacks in auctions at agricultural and fishery wholesale markets. These concerns are exacerbated by the detection of COVID-19 cases within these markets, which could negatively impact agricultural trade. The article outlines the challenges faced by the food service industry and wholesalers, who are grappling with the potential for market disruptions due to the ongoing pandemic.

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

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