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🇰🇷 South Korea /Economy & Trade

Cheap Soju and Beer Fly Off Shelves as ‘Good Eggs’ Hit Stores at 9,990 Won

From Dong-A Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • The Small Business Market Promotion Corporation is supplying 120,000 trays of discounted eggs to about 4,000 neighborhood supermarkets nationwide.
  • Two packs of 30 eggs, or 60 eggs, sell for 9,990 won, about 32% below the August average consumer price of 14,664 won.
  • The initiative expands a cooperation program that previously introduced low-cost soju and beer.

After low-cost soju and beer, South Korea’s Small Business Market Promotion Corporation is expanding its cooperative price-support program to eggs, whose prices have recently risen.

The corporation signed an agreement with Hana Financial Group and the Korea Federation of SMEs to supply “the Good Egg” to neighborhood supermarkets. The program will distribute 120,000 trays to about 4,000 stores nationwide.

Sales began on the 4th. Two packs of 30 eggs, or 60 eggs in total, cost 9,990 won. That is about 32% below the 14,664-won consumer price recorded for 60 eggs in August.

The project links the corporation with small-business and distribution associations to provide lower-priced goods to neighborhood supermarkets. The corporation said the latest expansion reflects the recent rise in egg prices.

About this summary

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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