Core Insights - The extreme heat wave in South Korea has led to a significant increase in fruit and vegetable prices, with the average retail price of a watermelon reaching 33,337 KRW (approximately 173 CNY) [1] - This summer has experienced one of the most severe heat waves on record in South Korea, with the Korea Meteorological Administration reporting that there were 15 days in July where temperatures reached 33 degrees Celsius or higher, which is more than four times the average of 3.4 days since records began in 1973 [1]