Karnataka Milk Federation Raises Nandini Ghee Price by Rs 90 to Rs 700 Per Litre Due to Global Market Trends
The Karnataka Milk Federation (KMF) has implemented a Rs 90 price increase on Nandini ghee, bringing it to Rs 700 per litre. Officials cite rising global demand and international market trends as reasons for the adjustment, while emphasizing their prices remain competitive despite the increase. This follows a previous price reduction from Rs 640 to Rs 610 per litre due to GST slab changes.
- Date & Time:
- |
- Views: 21
- |
- From: India News Bull
Our ghee rates remain among the lowest, KMF officials said (Representational)
Bengaluru:
The Karnataka Milk Federation (KMF) has announced a significant price increase for Nandini ghee, raising it by Rs 90 per litre on Wednesday. The new price now stands at Rs 700 per litre.
KMF officials explained that this price adjustment was necessary due to rising prices in the international market.
"Even globally, demand is pushing prices up. Our ghee rates remain among the lowest, and this revision is necessary to align with global market trends and maintain economic viability." The officials noted that following the recent reduction in GST slabs, Nandini ghee prices had previously decreased from Rs 640 per litre to Rs 610 per litre.
Source: https://www.ndtv.com/india-news/nandini-ghee-price-increased-by-rs-90-per-litre-9582588