Choco Pie Prices Ease Up on Kaesong News

Lee Sang Yong  |  2014-07-24 14:24

Sausages and chocolate bars may have replaced the Choco Pie so beloved of Kaesong Industrial Complex [KIC] workers, but the chocolate snack is still going strong in North Korea's public markets, a source inside the country has informed Daily NK.

Official campaigns [against South Korean goods] had people concealing [evidence of sales of the snack], but now South Korean Choco Pies are back up for sale in the market, the source in Yangkang Province told Daily NK on July 23rd. As soon as they appear people will go to buy them, which just goes to show their constant popularity.

Most residents are unaware that Choco Pies are no longer being distributed to workers in the Kaesong Complex, the source went on. However, According to a few vendors this news is now slowly starting to spread.

The source explained that as word spreads that the snack is no longer going to come from Kaesong," so prices are creeping up on the threat of pending supply chain issues. As of June 2014, Choco Pies manufactured by South Korean company Orion were selling for 1,000 KPW each, but this had inched up to 1,200 KPW by the beginning of July, and is now closing in on 1,500 KPW.

There were a number of merchants who believed that the halting/closure of Kaesong was going to cause Choco Pie prices to rise, the Daily NK source said. [But] the sheer variety of foods on the market right now suggests that the price is not likely to increase too much going forward.

North Korea officially reported in May that businesses within the Kaesong Industrial Complex would no longer be permitted to distribute Choco Pies as snacks to workers, and demanded that sausages, powdered coffee mix, barley tea and chocolate bars be given out instead.

As a result, Choco Pies now make up less than 1% of all snacks brought into the Kaesong Industrial Complex from South Korea, substituted for the demanded drinks, sausages, bread, and chocolate bars.

Choco Pies have played an integral role in the 10-year history of the Kaesong inter-Korean manufacturing project, helping the spread of Hallyu [the Korean Wave of pop culture] in the North and leaving officials concerned over how to deal with the potential for cultural contamination. Meanwhile, North Korean employees quickly realized the worth of the chocolate treat, and instead of eating their allotment of the snack, sold them on the open market to supplement their incomes.

One senior defector told Daily NK, As Choco Pies circulated widely in the market, so people developed a subconscious yearning for South Korean culture. These Choco Pies were a symbol of South Korean economic development, one that led residents to pine for life below the 38th parallel. Kim Jong Eun has far too much pride to let that continue."

 
Advertisements, links with an http address and inappropriate language will be deleted.

2017.06.28
Won Pyongyang Sinuiju Hyesan
Exchange Rate 8,070 8,050 8,095
Rice Price 5,800 6,000 5,900