The Ministry of Oceans and Fisheries will hold a special event for the fall season to promote seafood consumption and stabilize prices.

The ministry announced that the event marking the fall season will be held for 17 days from October 3 to 19 offering a discount of up to 40 percent on purchases of popular fish and seasonal seafood from participating retailers, online stores and traditional markets.

Twelve offline retailers such as E-Mart, Homeplus and Lotte Mart as well as 21 online shopping malls such as SSG.com and Coupang will be participating in the event, while traditional markets will offer a discount of up to 40-thousand won per person.

The Minister of Oceans and Fisheries Cho Seung-hwan said an event will be held every month until December to help stabilize consumer prices.