{"id":178,"date":"2015-01-15T17:34:12","date_gmt":"2015-01-15T08:34:12","guid":{"rendered":"http:\/\/www.01.asiapress.org\/rimjin-gang-2\/2015\/01\/report\/price-rice-rural\/"},"modified":"2018-08-24T18:21:33","modified_gmt":"2018-08-24T09:21:33","slug":"price-rice-rural","status":"publish","type":"post","link":"https:\/\/www.02.asiapress.org\/rimjin-gang\/2015\/01\/news\/price-rice-rural\/","title":{"rendered":"Price of Rice in N.Korea Soars as Rural Dwellers Prepare for Winter"},"content":{"rendered":"
Written by PAEK Chang-ryong, a defector reporter (2014\/Nov\/26)<\/p>\n
Chinese RMB openly circulates in North Korea<\/strong><\/span> As of this spring, the price of white rice that previously sat at 4,000 - 5,000 North Korean won per 1kg, shot up nationally to 6,000 won, in July. This led to concern among ordinary citizens, only abating when the price started to stabilize around 6,000 won just before the autumn harvest season. <\/span><\/p>\n The list below offers a breakdown of the cost of food sold in the market. The current exchange rate (as of 25\/Sep) in this region is 1 Chinese RMB for 1,300 North Korea won. In U.S currency, 1,000 North Korean won is around 70 US cents. <\/span><\/p>\n A careful look at the list shows that 1 kg (2.2 lb) of potatoes is priced at 400 won which is around 3 US cents ? very cheap considering the general expense of foodstuffs in North Korea. The relatively cheap cost of potatoes can be attributed to the fact that the market our reporting partner visited is close to potato fields. <\/p>\n Our partner explained that this is the cheapest potatoes will be sold at because it was the harvest period. It is expected that, in the urban areas, the price of the same amount of potatoes will double due to additional transportation costs. <\/span><\/p>\n The price of salt seems to be reasonable at 800 won (around 6 US cents). In North Korea, the majority of people use only salt for seasoning foods, as soybean paste or sauce is quite expensive. Having said that, salt is required for making kimchi and radish pickles, important side foods prepared before the harvest period and salt consumption is high during this time. As such, even 800 won is not especially cheap for ordinary people.<\/span><\/p>\n
As the country moves from autumn to winter ASIAPRESS North Korea Reporting Team has obtained information on the latest consumer prices of various products sold in the North Korean markets. Our North Korean reporting partner, currently residing in the country's northern region, visited a marketplace on 25 September and investigated local prices.<\/span><\/p>\n