Lotte Confectionery Raises Prices of Products Including Xylitol and Mon Cher

Lotte Xylitol

Lotte Confectionery announced on the 27th that it will sequentially raise the prices of some snack and ice cream products starting from February 1.

Xylitol will increase in weight from 87g to 100g, with the price rising from 5,000 won to 6,000 won. Mong Shell will also increase in weight from 192g to 204g, with the price adjusted from 3,000 won to 3,300 won. Ghana chocolate and Mok candy will increase from 1,000 won to 1,200 won, Margaret from 3,000 won to 3,300 won, and Choco Pepero and Kkokkalcorn from 1,500 won to 1,700 won.

Among major ice cream products, Screw and Jaws Bar will increase from 500 won to 600 won, while World Cone, Chaltteok Ice, and Seolreim will increase from 1,000 won to 1,200 won. The 10 types of Naturru pint products will also change in price from the existing 12,900 won to 14,900 won.

A Lotte Confectionery official stated, "This price increase is a measure taken because the prices of almost all raw materials, including raw materials and packaging materials, have risen, and the overall expenses such as labor costs, logistics costs, electricity, and gas charges have increased, making the cost burden exceed a tolerable level."