Price for Liquid Milk Increases

By CnAgri2014-01-06 09:45:41 Print Following Sanyuan and Bright announced to raise the price of liquid milk product in the early December, trapped by the pressure of rising production costs, Mengniu and Wondersun and other dairy brands also confirmed to raise price in varying degrees. Some ideas consider that the price raise of the dairy enterprises in high-end liquid milk market seizes the milk supply of low-end mass milk, but it’s analyzed that the more substantial reason is still the capacity insufficiency of the overall milk source.

Recently, after Sanyuan firstly announced the price raise notice to “raise the prices of partial products in the next month, and the weighted average price increase is 8%”, the Bright Dairy also followed it to reveal that, since 1 December, it will appropriately raise prices of partial products, and the weighted average increase is about 8% -9%. The involved category includes fresh milk, fresh yogurt, milk at room temperature and yogurt at room temperature, and the range includes the East China, North China, South China and Southwest and other places.

From "China Food Additives Market Monthly Report"