SOUTH KOREA: TANGERINES IN JANUARY ARE MORE EXPENSIVE THAN LAST YEAR, AND STRAWBERRIES ARE CHEAPER

Pico Agriviet

According to the Korea Rural Economic Institute’s ‘Trends and Forecasts for Strawberry, Tangerine, and Paprika Supply and Demand’ on the 8th, the wholesale price of tangerines this month was 12,000 won per 5 kg of product, compared to 10,400 won in January last year, 15.4 % was predicted to be high.

This is because shipments this month are expected to decrease by 17% compared to a year ago. However, the researcher predicted that the quality of tangerines, such as size and sugar content, would be better than last year due to the influence of the weather during the growing season and harvesting period.

The researcher predicted that the wholesale price of strawberries this month would be 29,000 won per 2 kg, down 27.1% from 39,800 won a year ago. Strawberry prices were particularly high in January of last year due to the sluggish strawberry harvest due to disease, but this month’s shipment is expected to increase by 24% …

Source: https://www.tridge.com/news/rural-economy-research-institute-january-tangerine

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