Korea's export-import prices rise in February on stronger Korean won

South Korea's export-import prices for February inched up from the previous month on the stronger Korean won. According to the Bank of Korea on Wednesday, export prices rose one percent on-month on the back of a rise in chemical and electronics prices. Import prices also rose zero-point-seven percent on-month despite a fall in global oil prices. In February, crude oil prices into Korea slumped by over five percent on-month to less than 63 U.S. dollars a barrel.The central bank said the prices were mainly affected by the appreciation of the Korean won against the greenback.