Mother Dairy and Amul Increase Milk Prices Amid Rising Costs
Mother Dairy, Amul Milk Prices: New Rate Card Effective From Today After Hike
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Mother Dairy and Amul have raised milk prices by ₹1 to ₹5 per packet effective May 14, 2023. This increase is attributed to rising input costs, including higher farmer procurement prices and global crude oil price pressures due to the ongoing Iran-US conflict, impacting inflation in India.
- 01Milk prices increased by ₹1 to ₹5 per packet from May 14, 2023.
- 02Amul's price adjustments affect various milk variants, including Taaza and Gold.
- 03Mother Dairy's price hikes apply to products like full cream and toned milk.
- 04Rising input costs and global crude oil prices are driving these increases.
- 05No changes have been made to petrol and diesel prices since 2022.
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Effective May 14, 2023, Mother Dairy and Amul have increased milk prices by ₹1 to ₹5 per packet across various products. For Amul, the new prices include Taaza milk at ₹29 for 500 ml (up from ₹28) and Gold milk at ₹35 for 500 ml (up from ₹34). Mother Dairy raised prices for bulk vended milk from ₹56 to ₹58 and full cream milk from ₹70 to ₹72. The companies attribute these hikes to rising input costs, particularly the increased procurement prices for farmers and the impact of the ongoing Iran-US conflict on global crude oil prices, which has further strained the Indian economy. Despite these price increases, petrol and diesel prices remain unchanged since 2022, adding to the inflationary pressures faced by consumers.
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The price hikes will increase household expenses for consumers purchasing milk, potentially affecting budgets for families relying on dairy products.
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