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Amul and Mother Dairy raised milk prices by Rs 2-4 per litre from November 12, and Karnataka's Nandini raised prices earlier in November. Higher fodder, cattle feed and operating costs have pressured dairy companies.
Indian milk growth has slowed, affecting supply.
Rising feed and fodder costs and slowing supply growth keep Indian dairy prices firm, which lifts domestic milk procurement costs and import demand for dairy products.
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.