Export market prices for South Korea natural lac

Market prices of natural lac have reduced. Before 2019, one kilogram of natural lac was going for US$10.60 in 2017 and US$10.17 in 2018. In 2019 the export price changed to $6.25 per kilo, by -38.525%.

Export values for South Korea natural lac

The total values in export for natural lac in South Korea were US$ 53, US$ 61 and US$ 153 in US dollar thousand for the years 2017, 2018 and 2019 in that order.

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The prices of natural lac in South Korea per tonne for the years 2017, 2018 and 2019 were US$ 10,600.00, US$ 10,166.67 and US$ 6,375.00 in that order.

The total values in export for natural lac in South Korea were US$ 53, US$ 61 and US$ 153 in US dollar thousand for the years 2017, 2018 and 2019 in that order.

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South Korea natural lac wholesale price

In 2023, the approximate price range for South Korea Natural Lac is between US$ 6.38 and US$ 10.17 per kilogram or between US$ 2.89 and US$ 4.61 per pound(lb).

The price in South Korean won is KRW 7083.33 per kg. The average price for a tonne is US$ 6375 in Busan and Seoul.

South Korea's import price for natural lac in 2019 was US$10.542 per kilo.