韩元兑美元汇率保持在最近的1428左右，因为在美国与包括韩国在内的主要合作伙伴即将进行的贸易谈判之前，市场情绪仍然谨慎。财政部长崔相茂计划下周与美国财政部长斯科特·贝森特会面，讨论贸易问题，包括美国新的进口关税。另外，韩国贸易部长Cheong In-kyo强调，韩国的目标是加强与美国在造船和能源方面的合作，在90天的宽限期内将其作为潜在的谈判筹码。然而，随着特朗普政府旨在向70多个国家施压，要求其减少与中国的关系，并对关键矿产进口的新关税展开调查，贸易紧张局势进一步升级，人们的担忧依然存在。与此同时，韩元得到了一些支撑，因为韩国3月份进口价格连续第二个月下跌，加剧了人们对韩国央行可能在4月份暂停降息周期的猜测。

The South Korean won held its recent decline around 1,428 per dollar as market sentiment remained cautious ahead of upcoming trade negotiations between the US and key partners, including South Korea. Finance Minister Choi Sang-mok is scheduled to meet with US Treasury Secretary Scott Bessent next week to address trade issues, including the new US import tariffs. Separately, Trade Minister Cheong In-kyo emphasized South Korea’s goal to strengthen cooperation with the US in shipbuilding and energy, using it as a potential bargaining chip during the 90-day grace period. However, concerns persisted as the Trump administration aims to pressure over 70 countries to reduce ties with China and has launched a probe into new tariffs on critical mineral imports, further escalating trade tensions. Meanwhile, the won found some support as South Korea’s import prices fell for the second consecutive month in March, fueling bets that the Bank of Korea may pause its rate-cutting cycle in April.

基准韩国综合股价指数周三下跌0.6%，至2464点左右，扭转了前一交易日的涨势，因为芯片制造商追踪到美国同行英伟达的隔夜下跌。这家科技巨头在盘后交易中下跌了约6%，此前该公司披露了与向中国和其他国家销售芯片的出口限制有关的55亿美元季度费用。与此同时，韩国在即将到来的关税谈判之前加强了与美国的造船和能源关系，旨在在90天的宽限期内获得影响力。在指数权重股中，芯片巨头三星电子下跌1.7%，而其竞争对手SK海力士下跌3.1%。在特朗普对关键矿产的潜在关税展开调查后，钢铁制造商也出现了其他显著亏损，包括韩国锌业（-1%）和现代钢铁（-0.4%）。从好的方面来看，电池巨头LG能源解决方案公司（1.9%）和现代重工（1.8%）和三星重工（1.7%）等造船厂领涨。

The benchmark KOSPI fell 0.6% to around 2,464 points on Wednesday, reversing gains from the previous session, as chipmakers tracked overnight declines in US peer Nvidia. The tech giant dropped roughly 6% in after-hours trading after disclosing a $5.5 billion quarterly charge related to export restrictions on its chip sales to China and other countries. Meanwhile, South Korea moved to strengthen shipbuilding and energy ties with the US ahead of upcoming tariff negotiations, aiming to gain leverage during the 90-day grace period. Among index heavyweights, chip giant Samsung Electronics dropped 1.7%, while its rival SK Hynix shed 3.1%. Other notable losses were seen from steelmakers, including Korea Zinc (-1%) and Hyundai Steel (-0.4%), after Trump launched a probe into potential tariffs on critical minerals. On the upside, battery giant LG Energy Solutions (1.9%) and shipbuilders, such as Hyundai Heavy Industries (1.8%) and Samsung Heavy Industries (1.7%), led the gains.

2025年3月，韩国进口价格同比上涨3.4%，较前一个月下调后的4.3%有所缓和。这标志着进口成本连续第五个月上涨，主要原因是韩元走弱。消费品（5.8%对4.5%）、中间产品（6.1%对5.9%）和资本品（6.9%对5.2%）的价格上涨，而原材料价格下跌2.5%，扭转了上月1.8%的涨幅。按月计算，3月份进口价格下跌0.4%，此前2月份向上修正了1%的跌幅。

South Korea's import prices rose 3.4% from a year earlier in March 2025, easing from a downwardly revised 4.3% increase in the previous month. It marked the fifth straight month of rising import costs, largely driven by a weaker Korean won. Prices increased for consumer goods (5.8% vs. 4.5%), intermediate goods (6.1% vs. 5.9%), and capital goods (6.9% vs. 5.2%), while raw material prices declined by 2.5%, reversing a 1.8% gain in the prior month. On a monthly basis, import prices dipped 0.4% in March, following an upwardly revised 1% drop in February.

2025年3月，韩国出口价格同比上涨6.3%，与2月份的涨幅持平，标志着连续第15个月增长。制成品价格上涨6.4%，较2月份的6.7%略有回落，而农产品、林业和海洋产品价格飙升7.7%，较上月的2.8%大幅加速。按月计算，3月份出口价格小幅上涨0.3%，部分从2月份0.6%的跌幅中恢复过来。

South Korea's export prices rose 6.3% year-over-year in March 2025, matching February’s gain and marking the 15th straight month of growth. Prices for manufactured goods increased 6.4%, easing slightly from a 6.7% rise in February, while prices for agricultural, forestry, and marine products surged 7.7%, accelerating sharply from 2.8% the previous month. On a monthly basis, export prices edged up 0.3% in March, partially recovering from a 0.6% decline in February.