Crude Oil Price Negotiation Reached... Edible Oil Up 88 Won, Processed Oil Up 87 Won

The base price of raw milk for drinking will increase by 88 KRW per liter. The price of raw milk for processed milk will be raised by 87 KRW.

The Dairy Promotion Board announced on the 27th that they agreed on this price increase at the 11th meeting of the Raw Milk Base Price Adjustment Negotiation Subcommittee.

Accordingly, the price of drinking milk will rise by 88 KRW per liter to 1,084 KRW.

For processed milk, the price will increase by 87 KRW per liter to 887 KRW, which is lower than the price for drinking milk.

On the 24th, the Dairy Promotion Committee subcommittee decided to negotiate the raw milk price, and it is expected for the first time to exceed 1,000 won per liter. Consumers are selecting milk at Seoul Hanaro Mart. Photo by Heo Younghan younghan@