Tag Archives: trading company
Rice Priced Out of Reach in NK
Price of rice skyrockets after Kim Jong-il dies
On Dec. 24th we received another call from one of our LFNKR staff members in the Rason Special Economic Zone in North Hamgyong. This member told us about the current food situation. The already tight food availability is worsening, which may result in many victims during the mourning period. In Rason, rice now costs 4,800 to 5,000 won per kilogram. However, the average monthly wage of a typical worker is only 2,000 to 3,000 won. Clearly, an entire kilogram of rice costs more than one worker can earn in a month.