Article: Evaporated milk in price hike `season'

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 ...

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