Date
16 October 2017

Bright Dairy to raise product prices in December, paper says

Shanghai-based Bright Dairy and Food Co. Ltd. (600597.CN) will raise some of its dairy products’ prices by up to 9 percent next month amid shortage of high-quality raw milk sources, the National Business Daily reported Monday, citing a company source. Only fresh milk, yogurt and ambient milk products will be affected by the price increase, the source was quoted as saying. Beijing Sanyuan Foods Co. Ltd. (600429.CN), Mongolia Yili Industrial Group Co. Ltd. (600887.CN) and China Mengniu Dairy Co. Ltd. (02319.HK) all have raised product prices earlier this year, the report said.

– Contact HKEJ at [email protected]

MY/AC/CG

 

 

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