Surge in South Korean Agricultural Prices: Cucumber Costs Jump 54.8%

Deep News
Aug 09

Industry data released on Sunday reveals a sharp spike in agricultural product prices across South Korea, driven by extreme heatwave conditions.

Data from the Korea Agro-Fisheries & Food Trade Corporation shows that, as of Friday, the retail price of 100 grams of spinach has surged by 152.3% compared to a month ago. Over the same period, the cost of 10 cucumbers has risen by 54.8%, while the price of 100 grams of green leaf lettuce has climbed by 41.7%.

The South Korean government attributes the price increases to the persistent heatwave, noting that vegetables, particularly leafy greens, are highly vulnerable to high-temperature environments.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10