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Asia Minute: South Koreans are developing a taste for imported milk

Asia Minute: South Koreans are developing a taste for imported milk
hawaiipublicradio.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hawaiipublicradio.org Daily Mail and Mail on Sunday newspapers.

South-korea , Russia , Poland , Ukraine , Korea , Korea-dairy-committee , Us-department-of-agriculture , Korea-customs-service , Korea-herald ,

[KH Explains] What's behind unusual popularity of imported milk in Korea?

Imported pasteurized milk has been enjoying unexpected popularity in Korea recently, with the import volume more than tripling over the past three years alone. According to the Korea Customs Service, imports of pasteurized milk totaled 3.74 metric tons in 2023, a more than threefold increase from 2020. Consumers have shown mixed opinions about the taste and nutritional benefits of the imported products, but many say ...

Baekseok , Kyonggi-do , South-korea , Seoul , Soult-ukpyolsi , Poland , Australia , Maeil , Kyongsang-bukto , Namyang , Cholla-namdo , Russia

[KH Explains] What's behind unusual popularity of imported milk?

Imported pasteurized milk has been enjoying unexpected popularity in Korea recently, with the import volume more than tripling over the past three years alone. According to the Korea Customs Service, imports of pasteurized milk totaled 3.74 metric tons in 2023, a more than threefold increase from 2020. Consumers have shown mixed opinions about the taste and nutritional benefits of the imported products, but many say ...

Namyang , Cholla-namdo , South-korea , Baekseok , Kyonggi-do , Poland , Seoul , Soult-ukpyolsi , Maeil , Kyongsang-bukto , Australia , Russia

Hikes in prices of raw materials likely to fuel consumer inflation

Concerns are growing that soaring raw material costs could have a knock-on effect on the prices of daily necessities, following price hikes initiated by some of the largest liquor and dairy firms in South Korea. Korean brewery giant Oriental Brewery announced that starting Wednesday, it will raise the factory price of its beer products such as Cass and Hanmac, by an average of 6.9 percent. "The price adjustments...

South-korea , Namyang , Cholla-namdo , Maeil , Kyongsang-bukto , Seoul , Soult-ukpyolsi , Korea , Korea-dairy-committee , Lotte , Lotte-chilsung

Consumers to face higher prices for daily necessities after Chuseok

Consumers are expected to face a spike in the cost of daily necessities after the Chuseok holiday amid soaring international crude oil and other raw material prices, according to industry officials, Monday.

Incheon , Inch-on-gwangyoksi , South-korea , Busan , Pusan-gwangyoksi , Namyang , Cholla-namdo , Maeil , Kyongsang-bukto , Seoul , Soult-ukpyolsi , Korea

Milk prices to go up in Oct.

Starting in October, major South Korean milk companies will raise their product prices, following the Korea Dairy Committee's decision to increase the cost of raw milk by the highest rate in 10 years. Namyang Dairy Products said it will raise the price of its 900 milliliter-carton of milk by 4.6 percent starting in October. As a result, the products' price at discount stores is estimated to rise to 2,900 wo...

Seoul , Soult-ukpyolsi , South-korea , Maeil , Kyongsang-bukto , Namyang , Cholla-namdo , Korea , South-korean , Korea-dairy-committee , Seoul-dairy

Starbucks, Twosome, Ediya pressed to lower prices amid falling coffee bean prices

Starbucks, Twosome Place and other coffee chains are facing growing pressure from consumers to cut their beverage prices as the falling costs of imported coffee beans make it less expensive to produce a cup of joe, according to industry officials, Friday.

New-york , United-states , South-korea , Seoul , Soult-ukpyolsi , Korea , Han , Kim-jae-heun , Intercontinental-exchange-futures , Starbucks , Korea-dairy-committee

Milk companies mull price hikes

Korean milk companies said Friday they are reviewing plans to increase the prices of their products, following the Korea Dairy Committee's recent decision to raise the price of raw milk by the largest rate in ten years. "We are going over plans to raise the price of our fresh milk products, as the price of raw milk outweighs all other factors that help determine the price of the end product, including paste...

Seoul , Soult-ukpyolsi , South-korea , Maeil , Kyongsang-bukto , Korea , Lee-yoon-seo , Food-ministry , Seoul-milk , Korea-dairy-committee , Korea-herald

Pressure mounts on Korea's milk producers to cut prices - Asia News NetworkAsia News Network

Pressure mounts on Korea’s milk producers to cut prices Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

Maeil , Kyongsang-bukto , South-korea , Namyang , Cholla-namdo , Seoul , Soult-ukpyolsi , South-korean , Korea , Rural-affairs , Food-ministry

Pressure mounts on South Korea's milk producers to cut prices - Markets

Pressure mounts on South Korea's milk producers to cut prices - Markets
thejakartapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thejakartapost.com Daily Mail and Mail on Sunday newspapers.

Namyang , Cholla-namdo , South-korea , Seoul , Soult-ukpyolsi , Maeil , Kyongsang-bukto , Korea , Korea-dairy-committee , Food-ministry , Rural-affairs