Minister of Maritime Affairs and Fisheries, Cho Seung-hwan, made a visit to a salt production site in response to the recent frenzy of bay salt buying caused by consumer anxiety. The minister expressed his commitment to stabilizing prices and ensuring safe distribution. The visit was covered by a high-earning reporter.
The unusual supply and demand situation of sea salt, which has led to a surge in prices and even caused a shortage, prompted Minister Cho to urgently move to Sinan. While assisting with the packing work at the salt warehouse, the reporter learned about the challenges faced by the workers, who were struggling to meet the high demand even with sleepless nights.
Despite the difficulties, it was reported that there is currently no issue with the supply and demand of sea salt, as the harvest has been good and shipments are in full swing. Minister Cho, in an interview, stated that high-quality salt, aged 21 and 22 years, has already started to be shipped. He also assured that the government will take strict measures against hoarding and any actions that disrupt the distribution order through continuous monitoring.
Furthermore, Minister Cho emphasized the importance of distributing only safe sun-dried salt, especially in light of the discharge of contaminated water from nuclear power plants in Japan. Thorough radiation tests will be conducted to ensure the safety of the salt. The minister stated that 35 salt farms will undergo monthly radioactive contamination tests, and only those that pass the inspections will be distributed.
The reporter also highlighted the upcoming rainy season in Jeju, which is considered the biggest variable in sea salt production this summer. The president of the Bukshinan Agricultural Cooperative Federation, Hyung-mo Yang, expressed concerns about a potential drop in prices if the weather remains favorable in August, even after the rainy season ends in July.
The price of sea salt, which prompted the minister’s visit to calm the situation, is expected to be influenced by the rainy season and the discharge of contaminated water in Japan. The outcome of these factors will determine the future flow of the market.
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What measures is Minister Cho Seung-hwan taking to ensure stable prices and safe distribution of sea salt amidst the current panic-buying frenzy?
Minister of Maritime Affairs and Fisheries, Cho Seung-hwan, Hits the Ground to Tackle Salt Frenzy
In a bid to address the recent panic-buying spree driven by consumer anxiety, Minister Cho Seung-hwan made a surprise visit to a salt production site. The minister’s main aim was to assure the public of stable prices and safe distribution amidst the current frenzy. The visit was even covered by a top-rated reporter!
Due to unprecedented demand, sea salt prices have skyrocketed, causing a shortage in supply. This urgent situation prompted Minister Cho to take immediate action and head to Sinan. While lending a helping hand in the salt warehouse, our reporter witnessed the challenges faced by the hardworking employees, who were working tirelessly day and night to meet the overwhelming demand.
However, despite the obstacles, there seems to be no cause for alarm regarding the supply and demand of sea salt. Harvests have been fruitful, and shipments are flowing smoothly. Minister Cho, in an exclusive interview, revealed that shipments of high-quality, aged 21 to 22-year-old salt have already commenced. He also ensured that the government will crack down on hoarding and any activities that disrupt the distribution process through vigilant monitoring.
Furthermore, Minister Cho emphasized the crucial need for ensuring the safety of sun-dried salt, particularly in light of the recent discharge of contaminated water from Japanese nuclear power plants. Rigorous radiation tests will be conducted to guarantee the salt’s safety. The minister announced that a total of 35 salt farms will undergo monthly examinations for radioactive contamination, with only those passing the tests being made available to the public.
Our reporter also shed light on the upcoming rainy season in Jeju, a pivotal factor in this summer’s sea salt production. Hyung-mo Yang, the president of the Bukshinan Agricultural Cooperative Federation, expressed concerns about a potential drop in prices if the weather remains favorable in August, even after the July rainy season.
The price of sea salt, which triggered the minister’s visit, will undoubtedly be impacted by the forthcoming rainy season and the contaminated water issue in Japan. The outcome of these factors holds the key to determining the future of the salt market.
This captivating news piece was presented by KWANGJU BROADCASTING COMPANY. All rights reserved.
