[Graphic News] ‘Gimjang’ cabbage prices set to exceed 5,000 won
Social affairsOct 31, 2024
Cabbage prices during the traditional kimchi-making - or “gimjang” - season before winter are expected to surpass 5,000 won ($3.63) per head for the first time, driven by a supply shortage due to this year’s lengthy heat wave. The Korea Price Research Center forecasts that the average retail price of one cabbage in November will be 22.5 percent more than last year. Based on trends in cabbage supply and cost-of-living surveys, they estimate that cabbage will sell at an average