Seoul Milk, "Freeze Prices of Fresh Cream and Condensed Milk... Cooperating with Price Stabilization Policy"

Seoul Milk Cooperative initially considered raising the prices of fresh cream, whipping cream, and condensed milk products due to the increase in raw milk prices, but announced on the 9th that it would ultimately not raise prices in consideration of the consumer price burden.

The company explained that this decision was made to minimize the consumer burden from the price increase of major food items and to cooperate with the government's price stabilization efforts.

A representative from Seoul Milk Cooperative stated, “We have continuously strived to offset the rising costs through internal management and production efficiency improvements. Despite the basic raw milk price increase in October, we decided not to raise prices for some high-demand dairy products. We will continue to seek the best measures to reduce the burden on consumers as a leading dairy company.”

Previously, Seoul Milk applied only a minimum increase of about 3% to the large discount store supply price of its flagship white milk product, Na100% Milk 1000mL.