Meiji, a major dairy company, announced that it will raise the price of margarine for home use by up to 12% from the shipment in October.
This is because the transaction price of raw material fats and oils is rising due to unseasonable weather in the production area.
According to the announcement, the prices will be raised for nine products from "Meiji" that use fats and oils such as margarine for home use.
The range of price increases is 12 to 30 yen at the suggested retail price, 4.3% to 12.8% in terms of rate, which will be increased from the shipment on October 1st.
Reasons for the price increase At the company, the prices of rapeseed oil and palm oil, which are the raw materials, are rising due to unseasonable weather in Northeast Asia and Southeast Asia, which are the main production areas, and the expansion of demand in China. It is said that this tendency is expected to continue.
A major dairy company has announced that it will raise the price of some products using fats and oils such as margarine from October, and the movement to raise the prices of familiar foods is spreading due to soaring raw material prices.