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A meeting of 45 cooperative and private milk brands in Pune agreed to raise cow and buffalo milk prices by Rs 4 per litre and milk product prices by 10%. Amul had already raised prices by Rs 2 to Rs 4 from November 12, and Gokul signalled a similar increase.
Higher retail and producer milk prices reflect rising dealer rates, diesel and sugar costs, and tighter supply in Maharashtra. The move points to firmer Indian dairy prices, which may support demand for dairy inputs.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.