E-Mart, 7on the 16day, imported fresh eggs 30at 4,980won for sale
E-Mart will 7from the 16day lower the price of imported fresh eggs 30from the existing 5,890won to 4,980won. The Ministry of Agriculture, Food and Rural Affairs announced on the 13day that it will additionally import 2billion fresh Brazilian eggs.
E-Mart will 7from the 16day lower the price of imported fresh eggs 30from the existing 5,890won to 4,980won. From an investor perspective, this can be seen as an example of a large retailer adjusting retail prices.
The Ministry of Agriculture, Food and Rural Affairs announced on the 13day that it will additionally import 2billion fresh Brazilian eggs. The government said the expanded imports are intended to stabilize egg supply.
E-Mart said it will begin discount sales of imported fresh eggs at stores nationwide from the 16day. Discount volumes will be allocated by store.
This measure is limited to imported fresh eggs. No separate price adjustment or compensation plan for domestically produced eggs was announced.
The government announcement and E-Mart's sales launch came at the same time. 13After the government's announcement, 16sales at E-Mart stores will begin.
After the sales launch date, store-by-store price displays and changes in supply volume are expected to be observed. The discounted item is 30imported fresh eggs in the old standard size.
The Ministry of Agriculture, Food and Rural Affairs explained that the purpose is to ease a temporary supply-demand imbalance in the market through additional imports. The actual distribution timing of imported volumes goes through separate distribution procedures.
Related companies' quarterly results and changes in store-by-store sales volume will need to be confirmed through future disclosure materials. The duration of this measure and whether there will be additional announcements also need to be tracked.