It was found that North Korean grain prices overall fell slightly in October.
According to the NK Times Hamgyeongbuk-do source on the 10th, grain prices in Chongjin City in the first week of October were 5,200 won per kg for rice, 2,500 won for corn, 3,000 won for corn rice, and 2,700 won for corn powder, a slight decrease of 100 won per kg from the previous week. done.
The prices of soybeans and red beans remained the same as the previous month at 4,600 won and 3,800 won per 1 kg, respectively, while the prices of flour and glutinous rice were 6,000 won and 5,900 won, respectively, down 300 won and 200 won from the previous week.
Grain prices in Pyongyang, Sariwon, Pyongseong, and Hamheung are said to have dropped slightly to around 60 won as of Chongjin city.
Regarding the cause of the slight decline in grain prices in North Korea, the source said, “Recently, imported rice and flour have been supplied little by little to the market, and with fall grains coming out, grain prices are showing an overall downward trend.” Looking at the current trend of grain prices at the end of the year, “It is expected that the downward trend in grain prices will continue until the end of the year,” he predicted.
Meanwhile, grain prices in Yanggang Province fell slightly compared to the previous month, but appear to be maintaining relatively high prices.