Government imports Chinese cabbage… Price control ‘not sure’

Due to a heat wave, the price of cabbage in South Korea has surged, leading the government to decide to import 10 tons of fresh cabbage from China. This import is part of the 'Horticultural Agricultural Products Supply and Demand Stabilization Measures' and is expected to be delivered and released in the market shortly after quality and safety inspections. This measure is aimed at stabilizing cabbage prices, which have doubled compared to last year. The government also plans to support domestic production areas and remain open to importing more cabbage if the quality matches that of domestic cabbage. However, market officials predict that the impact of the imported cabbage on the market will be minimal due to the small volume and low household demand for imported cabbage.

As the price of cabbage rose sharply due to the heat wave that continued until the Chuseok holiday, the government decided to import fresh cabbage from China. However, considering the relatively small initial quantity of 10 tons and the past cases where household demand for imported fresh cabbage was relatively low, it seems uncertain whether it will be able to replace domestic demand. On the 24th, the Ministry of Agriculture, Food and Rural Affairs announced that it will supply 16 tons of fresh cabbage from China to wholesale markets through the ‘Horticultural Agricultural Products Supply and Demand Stabilization Measures.’ The Chinese cabbage will be directly imported by aT (Korea Agro-Fisheries & Food Trade Corporation), and it is understood that it will be delivered to the aT stockpile base after customs clearance procedures are completed on the 27th. After the quality and safety inspections are completed, it is expected to be released to wholesale markets, etc. within a few ...