For fresh fruit and vegetable marketing and distribution in Asia

By Fruitnet.com Staff

Friday 31st August 2012, 4:01 GMT Typhoon blows up Korean fruit prices

Fruit prices in South are likely to soar after a typhoon hit the country earlier this week, with another expected in the coming days

he price of fruit in is The damage is estimated to be twice that be cheaper this autumn because the harvest T expected to rise in the wake of incurred when typhoon Kompasu hit the looked to be good this year but the supply that damaged country two years ago causing losses of suddenly dropped due to the typhoon. pipfruit crops when it swept across the W39.1bn. Fruit prices will soar,” an insider at country earlier this week. Agricultural and Marine Products Traders told the Korea Herald they Corporation told the newspaper. The Korea Herald has reported insurance expected prices to spike as a result of the payouts to affected farmers are expected typhoon, especially as demand increased to reach W80bn (US$70.5m) with insurance ahead of Chuseok – or Korean provider Nonghyup estimating damage to Thanksgiving, that takes place next month. 9,424ha of orchards. Compounding Fruit is typically used for gifting over the problems for growers, a second typhoon, three-day festival. Tembin, is expected to hit the country in the coming days. “Fruits were expected to

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