Daehan Flour Mills said Tuesday it will cut prices on some flour products by an average 4.6% starting Feb. 1, citing the government’s push to stabilize prices.
The cuts apply mainly to large 20-kilogram products supplied to businesses, including Gompyo Premium Noodle Flour (Australian wheat), Gom (first-grade all-purpose) and Elephant (first-grade bread flour). They also cover 3-kilogram, 2.5-kilogram and 1-kilogram products supplied to retailers.
A company official said external factors remain uncertain, including recent tariff talks with the United States, but the won-dollar exchange rate has been gradually stabilizing. The official said the company decided on the cut to align with the government’s price-stability policy and respond to consumer demand, adding that it hopes the move will help ease household grocery costs.
* This article has been translated by AI.
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