Prices Surge to "1.62 Million Won per kg"… All-Time High

The next news is about 1.62 million won per kilogram.

It is about pine mushrooms, which are in season this autumn.

Prices of pine mushrooms in Yangyang, Gangwon Province, are skyrocketing as shipments have plummeted due to the autumn drought this year.

According to the results of the Yangyang pine mushroom auction by the Yangyang Sokcho Forestry Cooperative in Gangwon Province, the price of top-grade mushrooms exceeded 1.62 million won per kg on September 30, breaking the all-time high record.

This is the highest price since September 17, when the first auction of the year was held.

The highest price recorded for top-grade mushrooms during the entire auction period last year was 1,611,200 won, which is 12,500 won more expensive than that.

The main reason driving up the prices is cited as the decrease in shipments caused by the continuous recent drought.

An official from the Forestry Cooperative said, "Until recently, the daily auction volume was around 330 kg, but as it continues to be cut in half, it is now around 150 to 160 kg," predicting that this level of supply will continue for a while.

In particular, the volume of top-grade mushrooms on this day accounted for only 1.6% of the total pine mushroom auction volume, amounting to just 2.57 kg.

With shipments shrinking in this manner, demand for top-quality pine mushrooms continues, which is interpreted as high prices being attached to a limited supply.
※ Please note: This article was translated by AI and may contain errors.