The research was conducted in North Pyongan Province, Ryanggang Province, and North Hamkyung Province. Prices are stable. Coal was unusually rationed to workers through the company's office during the severe cold.
The research was conducted in North Hamkyung Province and Ryanggang Province. The food price and the prevailing foreign currency rate have been stable since the last mid-November. Although state-run food sales offices are still unstable, rice can be purchased for 4,200 won and corn for 2,200 won, which is thought to contribute to the stability of prices.
The research was conducted in Ryanggang Province and North Hamkyung Province. Commodities prices are stable. Since the special alert for Kim Jong-il's memorial will last until early January next year, there is little information. According to the researcher, there is a food shortage at the state-run food market.
The research was conducted in Ryanggang Province and North Hamkyung Province. Information acquisition was delayed due to the Kim Jong-il memorial event. Prices are stable. A small number of Chinese products began to be sold in the market. Our reporting partner said that the products were coming in from Nampo.
The research was conducted in Ryanggang Province and North Hamkyung Province. Prices are rising in general. The crackdown on non- and anti-socialist activities is being further tightened by offering tip-off rewards.
The research was conducted in North Pyongan Province, North Hamkyung Province, and Ryanggang Province. Prices are stable. Chinese yuan can be used at food vendors now. The researcher said that corn was distributed for free to households struggling to make ends meet, but the target population was small, so it was poorly received.
The research was conducted in North Hamkyung Province and Ryanggang Province. There have been no significant changes. However, Chinese products imported from Nampo have started to appear in local markets, and the prices of cooking oil and sugar, which had been skyrocketing, have dropped. For example, soybean oil costs 33,000 won for domestic production and 35,000 won for Chinese production (both for one kilogram). However, bananas and pineapples, which used to be sold before the COVID-19 pandemic, have remained disappeared since last year.
The prevailing exchange rate for US dollars was wrong due to miscalculation. 1USD is equal to 4900 won. The correction has been made.
The research was conducted in North Hamkyung Province and Ryanggang Province. There is no significant change from last week. The authorities are cracking down on hoarding behaviour caused by concerns about food supplies. A researcher said that the distribution of temporary money coupons "Tonpyo" in the market has slightly increased.
The prevailing exchange rate for US dollars was wrong due to miscalculation. 1USD is equal to 4800 won. The correction has been made.
The research was conducted in North Hamkyung Province and Ryanggang Province. The reason why food prices have fallen may be due to the authorities' strict crackdown on hoarding and mass sales. There are many reports that military personnel are starving. It is said that soldiers are starving the most at this time of the year, as they have not yet finished removing rice from the farms. According to the researcher, there is a rampant refusal to accept the "Tonpyo" money coupons, and they are not being used much in the market.
The prevailing exchange rate for US dollars was wrong due to miscalculation. 1USD is equal to 5200 won. The correction has been made.
The research was conducted in Ryanggang Province and North Hamkyung Province. As a result, fuel prices in both regions, which had been soaring, plummeted, contrary to the rise in international oil prices. The reason is unknown.
The research was conducted in North Hamkyung Province and Ryanggang Province. Several investigators believe that white rice and corn prices have fallen because of rumours that they are being sold at lower prices at state-run food marketing centres. Instead of an inflow of this fall's harvest from neighbouring farming villages, companies buy from the south and sell it at the market.
The research was conducted in North Pyongan Province, North Hamkyung Province and Ryanggang Province. The falling price trend continues, probably due to the gradual influx of harvested corn into the market. Grain sales at the state-run "food marketing centres" are still unstable.
The research was conducted in North Hamkyung Province and Ryanggang Province. Oil prices have risen further. There will be an impact of higher international prices in the future. Confusion has arisen over the issuance of the Central Bank of the Democratic People's Republic of Korea Tongpyo.
The research was conducted in North Hamkyung Province and Ryanggang Province. Province. The Chinese yuan has continued its upward trend since August. However, soaring oil prices have become a problem. Oil merchants explain that the high prices are due to the shortage of oil. Therefore, the authorities have begun to regulate the number of vehicles to reduce oil consumption.
The research was conducted in North Hamkyung Province and Ryanggang Province. Corn prices have skyrocketed since the latter half of September. "The market is in short supply due to strict controls on the outflow of grain from farms," said the researcher. In addition, due to the foreign currency controls, the Chinese yuan is no longer used by the general public.
The research was conducted in North Hamkyung Province and Ryanggang Province. The reason for the rise in fuel oil prices is unknown. Shortages continue at state-run grain markets. The sharp decline in cash income has deepened the hardships of living, and crimes such as robbery have increased.
The research was conducted in North Hamkyung Province and Ryanggang Province. The reason why the corn price in won has been falling maybe because of the harvest. Meanwhile, the staple food supply for soldiers has been drastically reduced, and there have been frequent incidents of groups of people robbing corn from the fields, which is a problem.
The research was conducted in Ryanggang Province and North Hamkyung Province. While the Chinese yuan surged 19%, the U.S. dollar fell. The trend was the same in all regions. The reason for this is unclear, but we suspect that the supply and demand of foreign currencies are precarious and that the authorities are not controlling the situation well.
The research was conducted in North Hamkyung Province and Ryanggang Province. Corn harvesting has started in the southern region and potato harvesting in the northern region. The researchers said that "the state-run food market is not popular because of its low quality, and only a few people buy food because there is not enough to buy in the first place." The gap between the U.S. dollar and the Chinese yuan continues to be broad.
The research was conducted in North Hamkyung Province and Ryanggang Province. The exchange rate for U.S. dollars surged by 27%, while the Chinese yuan remained unchanged. The reason is unknown. It is also unclear whether it is a temporary situation. Potato harvesting has started in the northern region. It will be interesting to see if the price of rice and corn will drop.
The research was conducted in North Hamkyung Province and Ryanggang Province. As a result, gasoline and diesel oil, which had been falling in price, are now rising. It is the second half of August, but the corn harvest has not yet started. In addition, there is a lot of inside information that soldiers' meals quality is deteriorating.
The research was conducted in North Hamkyung Province and Ryanggang Province. There is no significant change from last week's prices. However, the researcher said that the power shortage has become even more severe and that electricity for civilian use has only been available for about 0-2 hours a day.
The research was conducted in North Hamkyung Province and Ryanggang Province. The average value was almost the same. However, both the Chinese yuan and the U.S. dollar plummeted about 22% from last week. The reason for this is unclear, but the reporting partner said that "I am disappointed in foreign currencies." As for the drop in food prices, the reporting partner explained, "Food prices are high in North Hamkyung Province and Ryanggang Province, and traders are bringing in more food from other areas. Fuel oil prices were significantly lower. "I think it is due to a decrease in demand for vehicles," said the researcher. The number of vehicles that cannot be repaired is increasing due to the depletion of parts and movement control.
The research was conducted in North Hamkyung Province and Ryanggang Province. There is no stock at the state-run Grain Marketing Center, so residents have to buy food at the market, and the price has not dropped. "Fewer people can eat three meals a day," said a researcher. Although fuel prices have fallen in won terms, they are still expensive in foreign currency terms.
The research was conducted in North Hamkyung Province and Ryanggang Province. The authorities are working feverishly to control prices, but food prices have been rising and falling rapidly and are not stable. Most of the white rice being sold is said to be Chinese rice. For this reason, the labeling of "North Korean rice" has been suspended. It is said that flour from Russia is now being sold in the market.
The research was conducted in North Hamkyung Province and Ryanggang Province. The grains' price dropped due to the free supply of 5 to 7 kilograms of corn in various areas from September 9 to 14. The gasoline and diesel oil prices also fell sharply, but the reason is unknown.
The research was conducted in Chongjin and Hoeryong in North Hamkyung Province. Since the prices were almost the same, the average was noted. Rice prices in Hyesan City were high and were excluded. The authorities explained that there is an emergency food supply, and corn prices have fallen. Grain prices are still rising and losing rapidly, and as of the 7th, there is still no supply. The Chinese yuan and US dollar have recovered considerably from their temporary plunge. There is a lot of information that hunger is severe in South Hamkyung Province and Kangwon Province.
The research was conducted in North Hamkyung Province, where foodstuffs entered the market on the 28th, and prices fell sharply. Hyesan City's food price was excluded from the statistics because the food delivery was delayed, and the price remained high as it was last week. It appears that food is in short supply across the country, and regional differences are becoming more apparent. Meanwhile, the Chinese yuan and the US dollar continue to weaken. In addition, the price of gasoline and diesel oil has risen, which has raised transportation costs. The Musan mine received a 5 kg ration of corn.
The research was conducted in North Hamkyung Province and Ryanggang Province, and the figures are averages. The market is in turmoil due to a sharp rise in prices. It is hard to close the deal with a wait-and-see attitude, and merchants only sell in small quantities. Anxiety is spreading. The Chinese yuan has plummeted to a value that is far from the international U.S. dollar exchange rate.
The research was conducted in North Hamkyung Province, Ryanggang Province and North Pyongan Province. The average of the 3 locations with a slight deviation. The North Korean won rose further. It should be noted that rice and corn prices have skyrocketed, almost doubling compared to May. Market confusion is being reported from many places. While the authorities intervened in the market last year to stabilize grain prices, they have so far left it alone.
The research was conducted in Ryanggang Province and North Hamkyung Province. The sharp rise in the North Korean won has not stopped. This may be due to the tightening of state control of foreign currencies. Prices are also on the rise, and markets around the country are in turmoil as people are unable to buy and sell without knowing what is going on. Related Article: https://www.asiapress.org/rimjin-gang/2021/06/society-economy/rate/
The research was conducted in Ryanggang Province. The North Korean won has soared 12% against the dollar and 31% against the Chinese yuan. In terms of Chinese Yuan, the price of white rice is 6.7 Yuan and corn is 3.5 Yuan, which is fairly high. It is unclear at this point whether this sudden change is a regional factor or a temporary one. Since the Chinese yuan is the actual reserve currency in the northern region, "the sharp rise in food prices is a blow to the common people," said the researcher.
The research was conducted in North Hamkyung Province. At large state-owned enterprises such as the Musan Mine, food rations are meager, and an increasing number of workers are so impoverished that they cannot go to work. It will be interesting to see how the international appreciation of the Chinese yuan will affect the situation.
The research was conducted in North Hamkyung Province, Ryanggang Province and North Pyongan Province. The authorities are tightening their control over individual economic activities, causing a sense of disappointment among the residents. There has been no price increase yet, but there is more information about the shortage of fuel oil.
The research was conducted in North Hamkyung Province and Ryanggang Province. It is believed that the resumption of trade with China will be in June. The provincial trade bureau has ordered trading companies to declare their funds. There is a move to strengthen state control of trade operations.
The research was conducted in North Pyongan Province and Ryanggang Province. Both food prices and foreign currency exchange rates are stable. Trade with China is gradually resuming, but the market is running out of Chinese products.
The research was conducted in North Pyongan Province, Ryanggang Province and North Hamkyung Province. Although the ban on the use of foreign currencies continues in North Korea, more and more people are trying to hold Chinese yuan and U.S. dollars due to anxiety caused by the worsening economy. On April 15, NHK broadcast a video of a freight train from Dandong to Sinuiju. It is likely that trade will gradually resume.
The research was conducted in North Hamkyung Province and Ryanggang Province. Foreign currency exchange rates and prices are stable. The number of households that have eaten up all the food that was distributed to them is increasing among the vulnerable groups in rural areas.
The research was conducted in North Hamkyung Province, North Pyongan Province and Ryanggang Province. The global appreciation of the US dollar is somehow not reflected in the prevailing exchange rate. The authorities continue to control food prices. State rationing is in effect for civil servants.
The research was conducted in North Hamkyung Provice and Ryanggang Province. Although the preparation for farming is underway, many of the farm machines have broken down and are not working. This is because the repair parts are not coming from China. There are rumors spreading throughout the country that trade with China will resume in the near future.
The research was conducted in North Hamkyung Province and Ryanggang Province. Despite the global trend of U.S. dollar and Chinese yuan appreciation, only the U.S. dollar has declined. The reason is unknow. The public continues to be in severe poverty, but in March, food was distributed at small and medium-sized enterprises in the provinces. This may be a relief measure by the government.
The research was conducted in North Hamkyung Province. Ryanggang Province was excluded from the statistics due to the possibility of remaining effects of the lockdown. Although there is no shortage of food in markets, it seems that rations to military and civil servants are only available for themselves. The continued rise in fuel prices is a concern.
The research was conducted in North Hamkyung Province and Ryanggang Province. Although corn prices have increased sharply, there are reports of " violent fluctuations" in other areas.
We have been informed from North Hwanghae Province that the number of people who are dying from disease and hunger is increasing.
The research was conducted in 2 cities in North Hamkyung Province. Ryanggang Province was excluded from the statistics in consideration of the impact of the city lockdown. Diesel oil prices rose sharply by more than 50% in both cities, but the reason is unknown. Food prices rose too.
The research was conducted in North Hamkyung Province. We avoided researching in Ryanggang Province because many areas of the city are under lockdown. The value of the North Korean won has continued to decline since the beginning of this year. The authorities market manipulation may be reaching its limits.
The survey was performed in Hyesan,which has been under lockdown from the end of January.The researcher called the merchants for the price as the market was closed. So it should be noted that the conditions are different from other regions. As the lockdown period has been more than 30 days, food prices in Hyesang may rise in the coming days.
The survey was performed in North Pyongan Province and Ryanggang Province. The price of fuel has been falling ever since the beginning of the year. Gasoline prices are 20% lower than at the end of last year. Some say that demand has decreased due to economic paralysis, but there is no exact evidence of this. There has been a great deal of disappointment within the country as information circulated that the resumption of trade with China would be delayed due to the large increase in the number of COVID-19 cases in Jilin Province.
The research was conducted in North Hamkyung Province and Ryanggang Province. The exchange rate between the U.S. dollar and the Chinese yuan has been fluctuating up and down, with the U.S. dollar up 14% from a week ago for reasons unknown. In addition, reports of people dying of hunger continue to come in from all over the country.
The research was conducted at two locations in North Hamkyung Province and Ryanggang Province. There is no specific impact on the 8th Congress of the Workers’ Party of Korea. However, there are many reports of an increase in deaths due to lack of medicine. The downturns in the various markets are continuing.
The research was conducted in Ryanggang Province and North Hamkyung Province. The depreciation of the U.S. dollar may be a reflection of the decline in international markets. The reason for the 15% plunge in white rice prices is unknown. There are reports of many deaths due to the shortage of medicines from various parts of the country.
The research was conducted in Ryanggang Province and North Pyongan Province. According to the research, the price of fuel is continuously rising. In Pyongyang, as well, Chinese products have been running out and a litter of soybean oil is being sold for 300 yuan (US$ 46). The participants of Congress of the Workers’ Party of Korea scheduled to be held in January have begun to move to Pyongyang from the provinces.
The research was conducted at North Hamkyung Province. Fuel prices have risen sharply by 10-20% compared to two weeks ago, but the reason is unclear. According to the researcher, the increase in the price of corn was due to strict restrictions on the shipment of corn from farming village after the harvest.
The research was conducted at Ryogang Province and North Hamgyong Province. The North Korean won appreciation is still going on. According to the researchers, most of Chinese products have disappeared from the market, and there is a serious shortage of soap due to the lack of domestic production. Hunger is spreading among households that have lost their cash income.
The research area was Hyesan City of Yanggang Province. Consumer price might be different from that of other area regardless the difference in foreign exchange rate. In addition to the fact that the city of Hyesan has been blocked until November 21, tight control of transport vehicles carrying the goods from other regions has raised the food prices.
Foreign exchange rate has been on the decline since late October. If the won appreciates, prices should fall, yet food prices are rising. The price of fuel that depends on imports has been lowered, which is negligible. In the domestic market, strict controls on the use of foreign currency continue.
North Korean Won surged 32 percent to the Chinese Yuan and 15 percent to the U.S. dollar. The reason is unclear, but analysts here say the authorities are inducing a drop in the exchange rate in preparation for the resumption of trade with China. The sudden strengthening of the won is causing confusion in the pricing of goods, said the surveyor. The survey was done at two locations in North Hamgyong Province and Yanggang Province.
The survey was done at three locations in North Hamgyong Province and Yanggang Province. Oil price plunged more than 30 percent. It is because that the control on moving for Corona's quarantine has been strengthened since late July and demand has decreased due to the economic recession. But isn’t it because of stable supply from China and Russia?
The surveys were done at three locations: North Hamgyong, North Yanggang and North Pyongan. Gasoline and diesel prices have risen since mid-July. It is believed to be the result of reduced imports of refined oil from China and Russia.
The survey was done at two locations in North Hamgyong Province and Yanggang Province. Rice and flour supported by China and Russia began to be sold at the Food Sales Office of Local Government since July. It was set at a slightly cheaper price than the market price. However, the surveyor said, "As ordinary people are getting less cash in their hands, the number of people who buy rice has decreased significantly." The market price of flour is 2,100 won.
The research site was Hyesan city in Yanggang Province. This time, the exchange rates for North Korean Won-to-US Dollar and Chinese Yuan rose about 5 percent, and the prices in NKW all fell. Corn prices jumped more than 20 percent last week, but the rise was temporary as they fell in different places two days later.
The research was performed at two locations, North Hamgyong Province and Yanggang Province. Information from Pyongyang was added as well. Massive control over the use of Chinese Yuan and U.S. dollars and market intervention began in late April. The U.S. dollar fell by 14 percent from a month ago. Food prices for the won also fell. Anxiety of the Corona panic is spreading.
The research was performed at two locations, North Hamgyong Province and Yanggang Province. Fuel prices fell as the North Korean won rose, reflecting the fall of the U.S. dollar and the Chinese Yuan in the international currency market. As for the reason for the rise in rice and corn, the researcher said, "Rice becomes hard to see and more people are looking forward to corn with growing economic difficulties.
The survey was performed in Yanggang Province. Gasoline price also fell due to the weakend market rate of the US Dollars and Chinese Yuan. The price of rice fell because of the authorities' control, and the cash income for the ordinary people decreased due to the border blockade. There are many people who can't buy rice," the investigator says.
Yanggang Province was the location for the survey. Apart from the severe fluctuations in the U.S. Dollar and Chinese Yuan, the North Korean won is going down little by little. Merchants are buying foreign currency due to the prolonged anxiety of the Corona disaster, the surveyor said. The border blockade has reduced the inventory of Chinese rice but that of the domestic rice increased.
The research was made at two locations in North Hamgyong Province and Yanggang Province. Amid the chaos of the Corona disaster, the price of rice has been stable due to the authorities' strong price intervention. Fuel prices continue to rise. Compared to before the border blockade, gasoline and diesel rose by 30 percent. It would be better to see the price trend on a North Korean won basis as the international exchange rate for US Dollar, Yuan and Yen fluctuates unexpectedly.
The price was exactly the same as that of 10 days ago. The Chinese products not in the list, however, are rising, with propane gas used by the wealthy becoming 40 percent more expensive. The exchange rate is stable.
Due to the blocking of the Chinese border to prevent new types of pneumonia, insufficient supply of Chinese goods is pushing up prices. The price of cooking oil has nearly tripled. Gasoline prices are also rising. The price of rice which includes products from North Korea fell about 15 percent due to the authorities' forced price cuts. Concerns about rising prices have been spreading in North Korea.
The research was made in Yanggang Province. Strong trend of North Korean Won remains unchanged. "Harvested rice and corn from the farms became available in the markets, which led declining the price of staples," explains the researcher.
The research had been made at two locations in Yanggang Province. North Korean rice price dropped by 4.8 in Chinese Yuan due to fall harvest, while the fuel price increased in terms of North Korean Won as US Dollar got stronger. It is said that business activities are sluggish in most of the markets.
Likely due to the rising value of the U.S. dollar, the value of Chinese yuan surged by 8% and the price of domestically-produced rice also shot up. However, the price of rice, as displayed in markets, has remained unchanged at 4.3 won. Meanwhile, the market price for U.S. dollars rose by 10% to 9,463 won/dollar. Going forward, attention must be paid to the trend of the North Korean won.
I surveyed two areas in North Hamgyong Province. Despite the stable exchange rate for Chinese yuan, the price of rice has been rising by about 10% since June. Gasoline, on the other hand, fell by about 20% from mid-May. The reasons for these changes are yet unknown but I intend to get to the bottom of it.
The survey area was Yanggang and North Pyongan Provinces. Rice price which had been rising due to strict control on the transfer of grains dropped by 9%. Fuel price stayed stable at high level.
The survey area was a city in North Hamgyong Province. Rice price has gone up by 16% in a month. The authority declared a notice to prohibit the transfer of harvested grains from farms. It is certain that the government tries hard to secure foods.
The survey location was a city in North Hamgyong Province. The price index remains stable in June. It says that the prices of the Chinese goods show stability due to active smuggling. But there are some complaints that the quality of everyday life has not improved notably. The power supply which was recovered momentarily deteriorated again.
The surveys were carried out in two locations, in Yanggang and North Hamgyong Provinces. The North Korean domestic brand, “Baekma Gasoline,” is available at the market. The price of KPW 9,310/kg is cheaper than that of the imported gasoline. The quality of the gasoline, refined from crude oil, is so low that it can’t be used for in a car. Other prices also indicated a slight rise.
The surveys were carried out in two locations, in Yanggang and North Hamgyong Provinces. Consumer prices and the exchange rate for RMB showed stability. It is said that people are disappointed because the high-ranking South-North Korean meeting was cancelled. The meeting was scheduled on May 16. Evidence suggests that the expectations for a dialogue between the South and the North is growing.
The surveys were carried out in three locations in Yanggang and North Hamgyong Provinces. Notably, gasoline and diesel dropped sharply. They have decreased by 35% since early April and by 65% since late February when prices peaked. As of last April, the price of gasoline was KPW8,400/kg. This was just prior to a sharp rise in fuel prices.
The reasons are not known, but there is a rumor that fuel was brought in from Chongjin City. There is also a possibility of importation from Russia.
The surveys were carried out in two locations, in Yanggang and North Hamgyong Provinces. It isn’t certain whether the summit meeting between the South and the North affected surveyed products, however, the prices of staple foods, fuel and the exchange rate for RMB all dropped.
The survey was made at two locations in North Hamgyong Province. Staple foodstuffs are showing a slight drop in price. The prices for fuel and the exchange rate has been stable.
The survey was made at North Hamgyong Province and North Pyongan Province. The prices for fuel, staple food, remained almost unchanged. The exchange rate has been stable.
The survey was made at a location in North hamgyong Provicne and two locations in Yanggang Province. North Korean Won (KPW) went up a little bit. The price for fuel and staple food remained almost unchanged.
The survey was made at two locations in Yanggang Province. According to the statistics of the Chinese Customs Office as of March 23, the export to China from North Korea has been dropped by 95% since the same month of the previous year. The shortage of foreign currency might contribute the decline of KPW to 1,400 for exchange.
The survey was made at North Hamgyong Province and Yanggang Province. North Korean Won (KPW) shows 5% drop compared to that of one week ago even if USD and Chinese RMB declined globally.
The survey was made at two points in Yanggang Province. KPW, expected to continue depreciation, rose. The exchange rate has been stable even though the shortage of foreign currency has continued due to the ongoing economic sanction. The prices for fuel and staple food remain unchanged. Appreciation of KPW helped the decrease of price in some items at this time.
Fuel price dropped, but the cause was not known to the reporting partner. It is said that the food price as well as miscellaneous goods and clothes from China are rising. The investigation was made at two locations in Yanggang Province and one spot in North Hamgyong Province.
The survey area is Yanggang Province. The price of fuel in this area has been constantly rising since the end of 2017. Staple foodstuffs are showing a slight drop in price. The price of firewood for cooking and heating continues to rise sharply. The average cost of wood is RMB 120-150 per 1 square meter, as the authorities are cracking down on illegal logging.
We selected two locations in Yanggang Province for survey. Gasoline and diesel have risen sharply since the beginning of the year and continue to fetch a high price. The price hike that has occurred under the international economic sanctions is due to state control on the supply of these products and the rising cost of gasoline. In addition, fuel traders might have begun cornering the market on these products. The market rate of RMB shows that the North Korean currency is slightly stronger.
The survey areas consist of two locations in Yanggang Province and a city. There is no difference among the locations in terms of price differences. The cost of gasoline and diesel has risen markedly by 23% and 34%, respectively. Our ASIAPRESS reporter explained, “There is a rumor that fuel prices are set to rise further.” The actual exchange rate with Chinese RMB is KPW 1,300 and had been stable, but now shows more than a 5% drop of with the North Korean Won. It is not certain whether the economic sanctions are the cause of the changes in the strength of the North Korean currency.
The surveys were made at two locations. Gasoline and diesel showed a bit of decline. Staple food rose a little. The corn price fluctuated up and down. In general, the price at the market continued to be stable.
Locations for survey were a city in North Hamgyong Province and Yanggang Province. The prices of both regions showed not much difference. The fuel price, plummeted in the early December, bounced back. The corn went up by 20%. The reporting partner explains: As the corn was poorly harvested this year, the price keeps going up in the market. The prices of daily necessities from China and clothes show gradual falling. Seafood can be found at every market in abundance.
The research area was Yanggang Province. Diesel price dropped by 40% compared to that of November 26. Gasoline price dropped by 7% as well. The cause is not clear.
Report from Hoeryong City of North Hamgyong Province and Hyesan City of Yanggang Province. Price index of each city is almost identical. The price of rice and corn keeps on going down. It is said that the authority cracks down on use of Chinese Yuan at markets.
While fuel price keeps going up, rice and corn, namely, the staple food, went down according to market research by ASIAPRESS at Yanggang Province. Reporting partner who has done the research explained “Rice price went down temporarily because it is harvesting season.” The partner also opined that the reason why the fuel price is higher than that of other area is because there is no direct supply of fuel to Yanggang Province.”
