2023-10-14 12:51:03
▲Sea salt data image
In particular, large supermarkets are reacting sensitively by trying to secure supplies.
According to the distribution industry on the 13th, consumer prices for coarse salt rose by regarding 17-20% compared to the same period last year, reaching the highest level since the summer.
The rise in salt prices appears to be due to a surge in demand due to the issue of discharge of contaminated water from Fukushima, Japan, and a decrease in production compared to the previous year due to abnormal weather such as typhoons and heavy rain.
Lotte Mart has begun to control prices by securing large quantities of the relatively inexpensive PB (own brand) product ‘Today’s Good Sea Salt’.
Another large supermarket also stocked up on sea salt, securing regarding three times the amount sold per day.
Although demand for salt is currently slowing down, it is still showing signs of growth, so it does not seem easy to be reassured regarding the salt price trend until November, when kimchi season is in full swing.
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