2023-07-28 08:32
Milk companies mull price hikes
A customer shops for milk at a large discount store in Seoul on Thursday. (Yonhap)Korean milk companies said Friday they are reviewing plans to increase the prices of their products, following the Korea Dairy Committee's recent decision to raise the price of raw milk by the largest rate in ten years."We are going over plans to raise the price of our fresh milk products, as the price of raw milk outweighs all other factors that help determine the price of the end product, including pasteurization, labor and distribution costs and such," said an official from a local dairy company on the condition of anonymity.

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