Milk Price Domino Increase Realized... Maeil Dairies and Dongwon F&B Also to Raise Prices
[Asia Economy Reporter Lim Hye-seon] The domino effect of milk price increases has become a reality.
According to the food industry on the 29th, Dongwon F&B will raise the prices of milk products by an average of 6% starting from the 6th of next month. The price of ‘Danish THE Healthy Milk 900㎖ (2-pack)’ will increase by 6.7%, from 4,480 won to 4,780 won.
Maeil Dairies plans to raise milk prices by 4 to 5% starting from the 7th of next month.
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Earlier, Seoul Milk announced that it would raise the prices of milk products by an average of 5.4% starting from the 1st of next month. This price increase by Seoul Milk is the first in three years since 2018.
This content was produced with the assistance of AI translation services.
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