Emart 'Peacock' Kimchi Products Price Increase... Up to 6.5%↑
[Asia Economy Reporter Jeon Jinyoung] Emart's private brand (PB) 'Peacock' kimchi products have increased in price. The price hike appears to have been inevitable due to rising production costs, including the increased prices of ingredients such as napa cabbage and garlic.
According to the industry on the 6th, Emart raised the online and offline shipment prices of kimchi products starting from the 1st.
Peacock Joseon Hotel Special Broth Poggi Kimchi (4kg) increased by 6.5%, from 30,800 KRW to 32,800 KRW, and Peacock Special Broth Joseon Hotel Namdo-style Poggi Kimchi (1.9kg) rose by 3.9%, from 25,800 KRW to 26,800 KRW.
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An Emart official stated, "Due to the price increases of main ingredients such as napa cabbage, flour, garlic, onion, and ginger, as well as overall production cost increases including transportation and packaging materials, the price increase was unavoidable. Nevertheless, we have minimized the rate of increase and will continue to prioritize taste and nutrition with quality-focused products."
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