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Ministry to Supply 22,000 Tons of Stockpiled Seafood with Discounts of Up to 50%

Ministry to Supply 22,000 Tons of Stockpiled Seafood with Discounts of Up to 50%
▲ Citizens shop at the seafood section of a large supermarket in Seoul on August 30.

The Ministry of Oceans and Fisheries announced that it will monitor the prices of major seasonal items daily and supply 22,000 tons of government-stockpiled seafood to stabilize seafood prices ahead of the Chuseok holiday.

The ministry will operate a Chuseok Seafood Price Situation Room, overseen by the vice minister, to monitor consumer prices daily for six major Chuseok seasonal items: pollack, mackerel, squid, hairtail, large yellow croaker, and dried anchovies.

If abnormal signs such as price surges occur, the ministry plans to respond according to market conditions by expanding the supply of government stockpiles or strengthening discount support.

To stabilize Chuseok prices, a record-high 22,000 tons of government-stockpiled seafood will be supplied.

This is an addition of 2,000 tons to the originally planned 20,000 tons.

The government-stockpiled seafood will be sold at discounts of up to 50% at traditional markets, large supermarkets, and online malls.

Along with this, a record budget of 44 billion won will be injected to host discount events such as the "Korea Fisheries Daejeon Chuseok Special Exhibition."

From the 9th to October 4th, major seafood such as pollack, mackerel, and hairtail, as well as cultured seafood like abalone and flatfish, will be discounted by up to 50% at large supermarkets and online malls.

At 300 traditional markets nationwide, an event will also be held from September 16 to 20 to refund up to 30% of domestic seafood purchase amounts in Onnuri gift certificates.

The refund limit per person is 20,000 won.

Mobile gift certificates exclusively for seafood will also be issued at a 20% discount until October 1.

Minister of Oceans and Fisheries Hwang Jong-woo stated, "We will monitor on-site prices in real time and respond promptly according to the situation so that the public can truly experience the effects of stabilized seafood prices."

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.
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