Since the decision to raise the price of crude oil last week, dairy companies have been raising prices for milk products one after another.
The Seoul Milk Cooperative announced that it would increase the price of milk products by an average of 6% from the 17th.
The price of 1 liter white milk, the flagship product, will increase by 6.6%, from 2,710 won to the high 2,800 won range based on the sale price of large supermarkets.
Maeil Dairy decided to raise the price of 900 milliliters of white milk by 9.6% from 2,610 won to 2,860 won, while Namyang Dairy also raised the price of white milk from 2,650 won to 2,880 won on the 17th. to be applied from
Dongwon F&B also announced that it would raise milk product prices by an average of 5%.
Initially, if the increase in crude oil price was reflected, the consumer price would rise by about 500 won and the milk price would exceed 3,000 won. comes out.
As the price of milk rises, there are also signs of 'milkflation', where bread and ice cream containing milk rise together.
Earlier, dairy farmers and dairy companies decided to raise the basic price of crude oil by 49 won per liter, and by the end of this year, increase it by 3 won to 52 won.