Milk gets costlier; AMUL is raising milk prices by this much, MD Sodhi reveals

By: |
Published: May 20, 2019 5:49:13 PM

Milk prices were last revised two years back in March 2017, Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells milk and milk products under the Amul brand, said in a statement.

Milk, Milk costlier, AMUL, milk price rise, GCMMF, Milk Marketing Federation, Delhi-NCR, Gujarat, West Bengal, Kolkata, Uttaranchal, Maharastra, industry newsMilk gets costlier; AMUL is raising milk prices by this much, MD Sodhi reveals (File)

Dairy major Amul said Monday it will increase milk prices by Rs 2 per litre in Delhi NCR, Maharashtra and other states from Tuesday due to an increase in production cost. Milk prices were last revised two years back in March 2017, Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells milk and milk products under the Amul brand, said in a statement.

The new price will come into effect from May 21 onwards and on all six brands being sold in major markets of Delhi-NCR, Gujarat, West Bengal, Kolkata, Uttaranchal, Maharasthra and other states, the GCMMF said in a statement. The revised price of 500 millilitre (ml) pack of ‘Amul Gold’ in Ahmedabad will be Rs 27, ‘Amul Shakti’ at Rs 25, ‘Amul Taaza’ at Rs 21 and ‘Amul Diamond’ at Rs 28, it said.

Read Also| Government to divest 25% in RailTel, invites bids from merchant bankers to manage IPO

There has been no change in cow milk prices in Gujarat, the cooperative added. “This increase in milk prices by Rs 2 per litre has happened after a gap of two years with an aim to provide remunerative milk purchase price to our milk producers owing to drop in milk production and increase in cost of production,” GCMMF said.

Considering increase in the cost of milk production, all member milk unions of Gujarat have increased milk purchase price by a minimum of Rs 30-50 per kg fat (5-8 per cent) over the last few months, it said.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.