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Plain Sailing Milk Production - Dairy Products Price Hikes!
Due to the shortage in Milk production, the milk prices are going up and also the prices of milk-based products like chocolates, milkshakes, and ice creams are mounting as the companies being compelled to impart the costs to the consumers.
In accounting the last month alone, the milk prices
has upshot to 30% price rise.
The procurement charges of milk from farmers also
have elevated up. Hence, we are compelled to augment the prices of consumer items
in installments, says C. K. Ranganathan, Chairman of Cavinkare that possesses
the Cavin`s mark of dairy products.
Milk produce is right away related to the monsoon and the deficiency of rains has caused the price rise of the dairy products. This situation may continue like this, till the May end. If possible, we get summer rains at any cost for the upcoming next 15 days, milk production will increase and hence descends the shortage, he added.
Companies say that the state-owned Aavin has not ramble
the milk prices for consumers and it is in a state to sop up the rise in cost,
but private organizations are commencing to put on the saddle to consumers.
We are anticipating that the situation to stabilize sooner, said R. G. Chandramogan, CMD of Hatsun Agro.
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