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Market Prices in DPRK
Research Survey

Conducted: 6 Nov. 2011
Released: 7 Nov. 2011
 


Research carried out by LFNKR
    (Life Funds for North Korean Refugees)

Research done in:
   Chonjin (North Hangyon Prov.) &
   Hyesan (Ryangan Prov.)

Unit NKW (North Korean Won)

  
In Chonjin
In Hyesan
Rice DPRK
     (per kg)
3,300
3,500
Imported rice
3,000
3,000
Corn
1,300
1,400
Corn flour
--------
1,800
Wheat flour
1,700
1,800
Potato
350
400
Salt
700
800
Soybean
1,900
2,000
Soybean oil
6,500
6,500
Bean curd
     (1 piece)
500
500
Pork
6,500 ~ 7,000
7,000
Henís egg
     (each)
400
450
100 RMB
55,000
53,000
100 USD
350,000
340,000

* Even after the rice harvest, the prices of domestic rice and corn in particular have soared over prices in Chonjin back in July, just 4 months ago. (Domestic rice was 2,000 NKW and corn was700 NKW.)