South korea's high temperature has led to a sharp rise in agricultural prices

The korean media reported on 13 days that the country had recently experienced a continuous heat wave, with prices of agricultural products such as cabbage, watermelons and carrots rising sharply, with one watermelon on average approaching 30,000 won (approximately 156 yuan yuan). The korean government had introduced a series of price-fixing measures and had put stock of cabbage on the market。

Data released by the korean agro-aquaculture and food circulation society on the 13th day show that, as of 11th day, the average retail price of a watermelon in korea was 29115 won (kwd 151), an increase of 22. 5 per cent over the previous week, 36. 5 per cent over the same period last year and 38. 5 per cent over the previous five years。

Retailers expect further increases in watermelon prices due to hot weather pushing up watermelon demand and slow growth due to insufficient light in june. Last august, south korea also experienced a heat wave, with retail prices for a watermelon rising to 31,000 won (rmn 161)。

Statistics indicate that the price of cabbage in korea is also increasing, with the average retail price of a cabbage being 4309 won (22. 4 yuan), an increase of 27. 4 per cent over the previous week. According to the korean media, the price of cabbage, the most widely used pickles, not only directly affects the cost of living, but also has a ripple effect in other areas。

Last year, as a result of such factors as high summer temperatures and heavy rains, the wholesale price of cabbage in korea soared to 8,900 won (46. 3 yuan rmb) per tree, which the media described as “goldery”. In order to prevent the recurrence of the “goldery” crisis, the korean government has put 355,000 tons of reserve cabbage on the market。

Apart from watermelon and cabbage, prices of radish, peaches, eggs, chicken, etc. Have also increased significantly. In response, the korean government has introduced measures such as the issuance of consumer vouchers and the provision of technical guidance to farmers on high-temperature production with a view to stabilizing prices。