A nation must think before it acts.
Daily NK just released their market price index for May 29th. With that, we get a pretty clear picture of the market situation for the full month of May.
So, what’s new? Not much, and that is newsworthy in its own right. Throughout the period of so-called “maximum pressure” in economic sanctions pushed by the Trump administration, North Korean market prices have, save for some months of a shaky diesel market, remained remarkably stabile. This trend continued in May.