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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.

Kyongsang buktoSouth koreaCholla namdoSoult ukpyolsiSouth koreanRural affairsFood ministryMinistry of agricultureKorea dairy committeeSeoul milkMaeil dairyNamyang dairy

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

Pressure mounts on South Korea s milk producers to cut prices - Markets
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Cholla namdoSouth koreaSoult ukpyolsiKyongsang buktoKorea dairy committeeFood ministryRural affairsKorea ministry of agricultureDairy committeeSeoul milkMaeil dairyNamyang dairy

Pressure mounts on milk producers to cut prices

The Ministry of Agriculture, Food and Rural Affairs recently met with South Korean dairy companies in a bid to increase the pressure on them to minimize price hikes for milk, according to Food Ministry Wednesday. According to a Food Ministry spokesperson, the Food Ministry asked Korean dairy companies during a closed-door meeting to minimize price hikes for milk that are expected to take place amid a forthcoming surg.

South koreaKyongsang buktoSoult ukpyolsiCholla namdoSouth koreanLee yoon seoKorea dairy committeeFood ministryRural affairsMinistry of agricultureSeoul milkMaeil dairyNamyang dairy

Liquidation of Purmil blamed on CEO s incompetence

Purmil CEO Shin Dong-hwan, second son of company founder Shin Jun-ho, took office in 2018, which is when Purmil started to see its business performance decline. The dairy firm showed 257.5 billion won ($180.5 million) in sales for 2017, but sales decreased every year to reach 180 billion won as of last year.

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[창간 8주년] 먹거리 가격 안정되려면… 수입처 다변화·대체 원료 확보를

물가상승세가 계속되자 식품업계도 먹거리 가격 안정을 위해 원료 수입처를 바꾸고, 대체 원료를 찾아 나서는 등 가격인상을 최소화 하기 위한 다양한 노력을 기울이고 있다. 오리온은 지..

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