Rising briquette prices, factory closures, and subsidy cuts spark crisis
Briquette Price Status and Structure In the 80s, a piece of briquette cost around 150 won, but nowadays it has risen to around 1,000 won. The consumer price of briquettes is the factory price plus sales commission, transportation, and delivery costs. Although the government froze the factory price of briquettes at 639 won until this year, rising labor and logistics costs have led to high consumer prices. In areas with high briquette delivery costs, the price per piece can reach 1,700 won. To make matters worse, the government has decided to reduce briquette subsidies as part of its climate change response and energy transition policy. Next year and the year after, the subsidy will be reduced by 100...