Kim Byung-hwan, Vice Minister of the Ministry of Economy and Finance, visited the agricultural storage base in Icheon, Gyeonggi Province on the afternoon of the 11th to inspect the summer supply concerns of crops and hold on-site meetings. /Photo provided by the Ministry of Economy and Finance,
, ‘The government will apply a maximum tariff on carrots and cabbage, which are concerned about supply instability, until the end of October. Fisheries such as squid and pollack will release the remaining stockpiled quantity of 1,100 tons this month.’,
,
, “Vice Minister Kim Byung-hwan of the Ministry of Economy and Finance held the ’42nd Economic Vice Minister Meeting and 24th Price Vice Minister Meeting’ at the Government Seoul Complex on the 14th to check on the response to the fall in prices by department and other related situations.”,
,
, ‘The government evaluated that the overall prices of agricultural products such as cabbages and cucumbers have been falling this month due to weather conditions and expanded supply areas.’,
,
, ‘According to the Korea Agro-Fisheries & Food Trade Corporation (aT), the prices of major agricultural products compared to the previous month have decreased by △cabbage 5.1% △cucumber 9.5% △watermelon 7.2% △melon 13% △tomato 18.2% △zucchini 16.2% △cabbage 10.7% △perilla leaves 2.5% △green chili pepper 1.2% and other main agricultural products.’,
,
, ‘Petroleum prices have been on the decline for the seventh consecutive week.’,
,
, ‘However, Vice Minister Kim stated that they plan to expand the supply by applying a tariff until the end of September for carrots and until the end of October for cabbage, which are concerned about supply instability. Specifically, until the end of October, 8,500 tons of cabbage (2,500 tons in the second half of the year) and 40,000 tons of carrots will be subject to the allocated tariff by the end of September.’,
,
, ‘In addition, 15,000 tons of cabbage and radishes will be stockpiled. Squid and pollack, and other seafood, will release the remaining 1,100 tons of stockpiled quantity within this month.’, ‘article_split’,
,