Kooksoondang Lowers Wholesale Prices Early for Baekseju, Charyeju, and Yedam

Early Reduction Starting Next Week
Rates to Drop by Approximately 4.5~4.7%

Kuksundang announced on the 12th that it will proactively lower the wholesale prices of its medicinal liquors Baekseju and Charyeju Yedam, the restored liquor gift set Beopgochangsin, as well as other alcoholic beverages such as Kuksundang Rice Banana, Kuksundang Rice Babambabam, and Kuksundang Rice Sweet Red Bean.

Kuksundang stated that due to the government's application of the standard sales ratio for domestic fermented liquors and other alcoholic beverages starting February 1, factors for lowering wholesale prices have emerged. To contribute to price stabilization efforts and reduce the burden on consumers, the company decided to apply the price reduction in advance before the official implementation.

Kuksundang plans to implement the wholesale price reduction for the relevant products as soon as possible. The wholesale prices are expected to be lowered by next week at the latest.

The wholesale prices of medicinal liquors such as Baekseju, Charyeju Yedam, and the highly popular Beopgochangsin for holiday gifts will be reduced by approximately 4.7%. The wholesale prices of takju-type other alcoholic beverages such as Kuksundang Rice Banana, Kuksundang Rice Babambabam, and Kuksundang Rice Sweet Red Bean will decrease by about 4.5%.

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