CJ CheilJedang Increases Bibigo Gimm Price by 11%... 10,000 Won for 20 Packs

[Image source=Yonhap News]

CJ CheilJedang has raised the price of Gim (seaweed) by 11%.

According to the food industry, CJ CheilJedang increased the price of Gim sold in marts and online by 11.1% starting from the 2nd. 'CJ Bibigo Perilla Oil Gim (20 packs)', 'CJ Myungga Traditional Gim (16 packs)', and 'CJ Bibigo Direct Fire Sesame Oil Gim (20 packs)' were raised from 8,980 won to 9,980 won, an 11.1% increase.

Prices at convenience stores are expected to rise later.

A CJ CheilJedang official stated, "The price of raw Gim (raw material before processing) has surged to about twice that of last year, reaching an unbearable level that caused losses, making the price increase inevitable," adding, "We minimized the increase to reduce the burden on consumers."

The news of CJ CheilJedang's Gim price hike came on the same day the Ministry of Agriculture, Food and Rural Affairs held a meeting with food companies, including CJ CheilJedang, to request restraint on price increases in order to stabilize prices.

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