CJ CheilJedang Cuts Sugar and Flour Prices Up to 6% to Join Government Price-Stabilization Drive
Creatrip Team
a month ago
CJ CheilJedang said it will lower retail (B2C) prices for all sugar and flour products by up to 6% (average cuts about 5–5.5%), extending earlier reductions for bulk/business (B2B) customers earlier this year. The move affects 15 sugar SKUs (white and brown) and 16 flour SKUs (including cake flour and types labeled 박력1등·중력1등·강력1등), and the company said the cuts reflect recent global raw sugar and wheat prices and aim to support the government’s price-stability policy and reduce consumer burden ahead of the holiday season. The report noted debate over a proposed “sugar tax” idea mentioned by President Lee Jae-myung to curb consumption and fund public health programs. (SKUs: stock-keeping units; 박력/중력/강력 refer to Korean flour strength classifications.)
