'Margin Zero' Orange and Banana Released in Large Marts... Up to 30% Cheaper

Supply of Over 2000t in March Including 1400t of Bananas and 600t of Oranges

The Ministry of Agriculture, Food and Rural Affairs announced that starting from the 21st, imported fruits such as oranges and bananas, directly imported through the Korea Agro-Fisheries & Food Trade Corporation (aT) to replace the demand for apples and pears whose production decreased last year, will be supplied to large supermarkets.

The Ministry will supply popular imported fruits such as oranges and bananas to Emart, Lotte Mart, and Homeplus with discounts of up to 20%. Large supermarkets plan to add their own discounts to reduce consumer burden as much as possible, selling the fruits at prices up to 30% cheaper.

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The government plans to supply more than 2,000 tons to the market in March, including 1,400 tons of bananas and 600 tons of oranges. Following the decision on March 18 to significantly expand the directly imported items, fruits such as pineapples and mangoes will also be introduced as quickly as possible to supply a variety of imported fruits intensively during March and April.

This year, 76,651 tons of imported fruits under the tariff quota have already cleared customs. It has been found that consumer prices for mangoes and pineapples have dropped by 41.7% and 10.7%, respectively, after the application of the tariff quota.

Park Soon-yeon, Director of Distribution and Consumer Policy at the Ministry of Agriculture, Food and Rural Affairs, said, "The government is making every effort to ease the burden on the national grocery basket," adding, "We are thoroughly managing the growth of apples and pears this year to prevent a repeat of last year's poor harvest."

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