Government Reserves 9,227 Tons of Seafood for Chuseok... Up to 30% Discount on 6 Types Including Myeongtae

Sales at Major Traditional Markets and Large Supermarkets... Pollack 700g at 1,400 Won Each, etc.

[Sejong=Asia Economy Reporter Moon Chaeseok] The government will supply 9,227 tons of six types of government-stockpiled seafood, including myeongtae (pollock), to the market starting from the 30th to stabilize prices during Chuseok. Consumers will be able to purchase them at large supermarkets and other outlets as early as the 9th of next month.

The Ministry of Oceans and Fisheries announced on the 29th that it plans to release six types of seafood?myeongtae (pollock), godeungeo (mackerel), ojingeo (squid), galchi (hairtail), chamjogi (yellow croaker), and dried myeolchi (anchovies)?into the market. Priority will be given to traditional markets and large retail chains, and any remaining quantities will be allocated to wholesale markets or through electronic bidding (B2B).

By item, 6,945 tons of myeongtae, 368 tons of godeungeo, 706 tons of ojingeo, 298 tons of galchi, 770 tons of chamjogi, and 140 tons of dried myeolchi will be supplied. These will be sold at prices 10-30% lower than market prices.

Myeongtae weighing about 700g will be sold for 1,400 won (29% discount), deep-sea squid weighing about 330g for 1,900 won (27%), godeungeo weighing about 500g for 2,300 won (22%), chamjogi weighing about 80g for 1,000 won (20%), galchi weighing about 300g for 3,900 won (27%), and processed stir-fry dried myeolchi products weighing 500g for 9,900 won (20%).

Additionally, the Ministry of Oceans and Fisheries will also release processed seafood products. It will supply 48,750 packs of stir-fry dried myeolchi and 10,000 packs of cut frozen pollock to large retail chains and others.

In cooperation with the National Federation of Fisheries Cooperatives, Korea Maritime Institute, and Small Enterprise and Market Service, on-site inspections will be conducted at traditional markets and supermarkets to ensure that the recommended retail prices are properly applied.

Im Taehoon, Director of Distribution Policy at the Ministry of Oceans and Fisheries, said, "To manage Chuseok prices intensively, we will promote the release of government-stockpiled quantities and joint discount events for seafood. We hope consumers can purchase high-quality fresh seafood at reasonable prices and enjoy a bountiful Chuseok."

Source=Ministry of Oceans and Fisheries

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