Cabbage prices have soared due to climate change and sales have been dented by cheaper Chinese kimchi. Read more at straitstimes.com.
SEOUL - South Korea's kimchi makers are in serious pain: a climate change-induced shortage of cabbages sent prices rocketing this year, exacerbating damage inflicted by cheaper offerings from Chinese competitors.
A climate shift in recent years that has brought higher temperatures and heavier rain has damaged cabbage crops, curtailing supply. This year, prices of cabbages doubled in less than three months, part of a broad spike in inflation to 24-year highs hit in July. Korean kimchi makers are hoping that the government's plan will at least prevent homegrown producers from losing further ground.
Employees work at Cheongone Organic Kimchi factory in Cheongju, South Korea, on Sept 26, 2022. PHOTO: REUTERS
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