Daegalchi Traded at 20,000 KRW per 1kg

Large hairtail fish sold at Jeju Dongmun Traditional Market. On the 19th, at a seafood store in Jeju Island, three to four plump live hairtail fish were being sold for 70,000 to 80,000 won. <br>[Image source=Yonhap News]

Large hairtail fish sold at Jeju Dongmun Traditional Market. On the 19th, at a seafood store in Jeju Island, three to four plump live hairtail fish were being sold for 70,000 to 80,000 won.
[Image source=Yonhap News]

View original image


[Asia Economy Reporter Kim Bong-ju] Large Jeju hairtail fish, only palm-sized, are being traded at the lowest prices in four years due to an increase in catch volume.


On the 19th, at seafood stores in Jeju Island, three to four plump live hairtail fish are being sold for 70,000 to 80,000 KRW.


Customers passing by the hairtail fish stalls in Jeju markets are quick to ask vendors to confirm the hairtail prices after seeing the price tags.


The price of live large Jeju hairtail fish, once called "Geum Galchi" (Golden Hairtail), has recently declined.


According to Hallim Fisheries Cooperative on the same day, live large hairtail fish weighing over 500g were auctioned at an average price of 21,000 KRW per kilogram.


This is about 16,000 KRW lower than the average auction price of 37,000 KRW per kilogram for hairtail fish of the same size in July and August.


At Seongsanpo Fisheries Cooperative, large hairtail fish were also traded at an average price of 20,000 KRW per kilogram on the same day.


A single large hairtail fish over 500g dropped from 18,000 KRW to 10,000 KRW, a decrease of 8,000 KRW (44.4%) over two to three months.



A Jeju Island official stated, "Although it varies by fishing port every year, usually large hairtail fish are caught mostly in winter, but this year, thicker hairtail fish are being caught earlier than usual," adding, "However, it is uncertain how long this trend will continue."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing