Loading…
South Korea's Seoul Milk Cooperative will raise white milk prices by 5.4% from October 1, its first increase since 2018. This follows a raw milk price increase from 926 to 947 won per liter, and food makers are weighing similar hikes.
Higher raw milk and input costs are pushing up dairy and processed food prices in Korea, which could cut dairy demand. The effect on global dairy prices is limited because the story is domestic.
asiae.co.krLim HyeseonSep 27, 2021Not 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.
