Ottogi Lowers Average Price of 15 Ramen Products Including Snack Myeon by 5%
Effective from the 1st of next month
Jin Ramen excluded
Ottogi announced on the 28th that it will reduce the prices of 15 ramen products by an average of 5% starting July 1st.
Based on large mart retail prices, the price of Snackmyeon (5-pack) will be lowered by 5.9%, from 3,380 won to 3,180 won. Chamkkae Ramen (4-pack) will decrease by 4.3%, from 4,680 won to 4,480 won, and Jin Jjambbong (4-pack) will be reduced by 4.6%, from 6,480 won to 6,180 won.
The price of the flagship ramen product, 'Jin Ramen,' will remain unchanged. Previously, Ottogi lowered the price of Jin Ramen in 2010 and kept it frozen until August 2021 despite increases in raw material and labor costs.
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An Ottogi representative said, "We hope the ramen price reduction will help stabilize living costs for ordinary people," adding, "We will continue to repay customers with better taste, quality products, and services."
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