Namyang Dairy Products, French Cafe, and Other Convenience Store Cup Coffee Prices Increase
Price Increase of 7~12% Decided Starting Next Month
[Asia Economy Reporter Han Jinju] Namyang Dairy Products announced on the 27th that it will raise the prices of cup coffee products for convenience stores starting next month.
The price increase applies to 11 cup coffee products, including French Cafe, with the ex-factory prices for convenience store products rising by 7 to 12%.
A Namyang Dairy Products official stated, "Due to overall increases in costs such as raw materials and logistics, it became unavoidable to raise prices."
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In the first half of this year, Namyang Dairy Products raised the ex-factory prices of some cup coffee products by an average of 7.5%, and cheese and fermented milk products by an average of 10% and 3.5%, respectively.
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