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S. Korea to increase egg imports to 100 million in August and September to stabilize prices
South Korea will import 100 million eggs in August and September to help stabilize high prices amid a pick-up in consumer inflation.
The country imported 70 million eggs in June and brought in 144 million eggs between January and May to ease the bird-flu triggered supply shortage.
The price surge of eggs is continuing even as the country has not reported cases of bird flu since April.
Finance Minister Hong Nam-ki said the South Korean government will mobilize all policy means to boost the supply of agricultural products ahead of the Chuseok fall harvest holiday in September.