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Yonhap Sejong February 19 - South Korea's Ministry of Planning and Finance first official (Deputy Minister) Kim Jung-fan 19 in the central government office building in Seoul presided over the meeting, said that the plan to import an additional 24 million eggs is well under way, the Ministry of Finance will provide support for the rapid clearance and circulation of eggs.
Jin Rongfan introduced that since February, the avian flu epidemic has slowed down, the import of egg processing products from private enterprises has expanded, egg supply and demand and price conditions are expected to improve, but the unstable factors remain.
government will open a warehouse to release grain, encourage private enterprises to expand imports of onions and fruits, and make every effort to stabilize the price of the basket.
highly pathogenic avian influenza (AI) outbreak in South Korea continues to spread, the phenomenon of egg oversupply continues, resulting in high egg prices.
as of the 10th of this month, the retail price of 30 eggs will reach 7,481 won (about 43.7 yuan) based on the highest grade of 60 to 68 grams.
price of eggs exceeded 7,000 won for the first time on January 28th, although the government took various measures to stabilize prices, but to no effect, egg prices continued to rise.
government has imported 20 million eggs before the Spring Festival and plans to import another 24 million by the end of the month to ensure a stable supply.
(Complete)