Supply to Stabilize Prices Starting from the 29th

The Ministry of Oceans and Fisheries announced on the 28th that it will supply up to 400 tons of government-stockpiled solar salt to the market from the 29th until July 11th to stabilize solar salt prices.


The ministry will release the stockpiled salt to nationwide marts and traditional markets where consumers can directly purchase solar salt, considering consumer prices and supply-demand conditions.


The marts where purchases are possible include 25 branches such as Nonghyup Hanaro Mart Yangjae, Daejeon, and Busan branches; GS The Fresh Myeongil and Uiwang branches; Top Mart Daegu branch; and Suhyup Bada Mart Gangneung branch. For traditional markets, the market names will be disclosed on the Suhyup Central Association website on the 30th.


Ministry of Oceans and Fisheries to Supply 400t of Cheonil Salt to Market... "20% Discount Sale" View original image

The government-stockpiled solar salt will be sold at about a 20% discount compared to the consumer price in June. The daily release volume is expected to be around 50 tons, considering sales conditions. The ministry had released 469 tons of solar salt last November during the kimchi-making season.



Minister Cho Seung-hwan of the Ministry of Oceans and Fisheries said, "The supply volume in June and July alone reaches 120,000 tons, exceeding the average annual production volume, and 20,000 tons of this volume have been shipped in earnest since last week, so there is no need to worry about the supply and demand of solar salt."


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

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