Megmilk Snow Brand, a major dairy manufacturer, has decided to raise prices for household margarine and powdered milk after September in response to soaring raw material prices.
The suggested retail price will be increased by approximately 3% to 14%.
According to the announcement, a total of 25 products will be targeted, including household margarine and cheese, and infant formula.
Margarine and cheese will be raised from September delivery, and infant formula will be raised from October delivery, increasing the suggested retail price by approximately 3% to 14%.
With 160 grams of the main product "Neosoft", the current price will be 190 yen excluding tax and 210 yen after the revision.
Also, for household cheeses, 25 products will be delivered in September, with the suggested retail price unchanged, and the content will be reduced by approximately 4% to 11% from the current level.
Regarding the reason, the company's production of raw milk has been declining due to drought, mainly in Oceania, and there are concerns about a reduction in production of palm oil, etc., and the prices of both are soaring due to the expansion of global demand. Therefore, it is said that.
This is the second time since April that the price of some household cheese products and the actual price of "Megmilk Snow Brand" have been raised.
Regarding powdered milk, the suggested retail price of seven products of the group company "Snow Brand Bean Stalk" will be raised by about 4% to 7% from the delivery in October.