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Article: Evaporated milk in price hike `season'
- Article from:
- The Malay Mail
- Article date:
- August 21, 2000
- Author:
CopyrightCopyright 2000 The Malay Mail. Provided by ProQuest LLC. (Hide copyright information)
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THE industry insists a price hike is unavoidable for evaporated
milk and creamer.
But the authorities are adamant that the matter is being
discussed.
Welcome to the price increase "season" which may see a chain
reaction if not controlled.
Nestle (M) Bhd has confirmed a 15-sen increase for Ideal Full
Cream evaporated milk, Carnation filled evaporated milk and
Carnation evaporated creamer from Sept 1.
Citing the escalating cost of skimmed milk powder, a key
component in evaporated milk and creamer, as the reason, a
spokesperson said the matter was relayed to the Domestic Trade and
Consumer Affairs Ministry recently.
She said Ideal Full Cream evaporated milk currently being sold at
RM1.90 per ...