The Wildly Fluctuating Geumbaechu Stabilizes... Three Major Mart Chains Unite for 'Pre-Order Sales'

Cabbage Heads Priced at 4,387 Won Each... Down 17.3% YoY
62.4% Drop Compared to Chuseok Holiday
Three Major Supermarkets Offer Pre-Order Sales for Kimjang Season
Hanaro Mart Also Joins In
Supporting Materials Like Dried Red Peppers and Garlic Still Expensive

[Asia Economy Reporter Cha Min-young] As the kimchi-making season approaches, the wholesale price of napa cabbage has stabilized, and the three major supermarket chains have started lowering retail prices through pre-order sales.

According to agricultural product distribution information on November 2, the retail price of one head of napa cabbage as of October 30 was 4,387 won, about 17.3% lower than the previous year. Compared to the sharp price increase during the Chuseok holiday caused by this summer's monsoon and typhoon, the price has dropped by 62.4%.

The three major supermarket chains are selling napa cabbage in advance reservation form for the kimchi-making season, and retail prices are falling rapidly. Emart is conducting pre-order sales of Peacock Beta Fresh salted napa cabbage from November 2 to 18. Customers purchasing with the event card can buy it at a 10% discount for 33,570 won. Homeplus is also conducting pre-order sales of domestic salted napa cabbage (20kg) in three rounds until the 25th of this month. 'My Homeplus' membership holders can purchase it at a 20% discount for 35,920 won, down from the original price of 44,900 won. Lotte Mart is pre-selling 200 tons of 'Haenam Hwangto salted napa cabbage' from November 2 to 11. The price is about 36,800 won per 20kg unit. Nonghyup Hanaro Mart is also taking pre-orders for 'Asan Seondo Nonghyupsan salted napa cabbage' at a discounted price of 31,500 won per box (20kg), with an 8,000 won discount until the 4th of this month.

Although napa cabbage prices have stabilized, prices of kimchi-making materials such as dried chili peppers and chili powder remain far from stable. Dried chili peppers cost 21,359 won per 600g, which is 70.8% higher than last year. Supply is also not smooth. Chili powder is also up 30.7%, priced at 35,126 won per 1kg. The supermarket industry plans to stabilize prices of materials such as dried chili peppers and chili powder through large-scale pre-purchases in mid-November.

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