Costa Rica Daily News
 
   

Milk And Diary Products More Expensive Today

The wave of price increases has touched milk and derivatives, so don't be surprised if prices for dairy products at supermarkets and "pulperias" will be higher this morning.

The first dairy products to see the increase are those of the Cooperativa de Productores de Leche Dos Pinos R.L., which will be 4.9% higher this morning. Other dairy producers are expected to follow suit in adjusting their prices, in the coming days.

Dos Pinos explained that it has not increased its prices for more than a year, further explaining that the increase is necessary for the financial health and growth of the company.

Dos Pinos says the last increased prices in July 2008.

The prices affect most of Dos Pinos products, particularly the company's most sold product, the one litre milk product in the white box that will now sell for ¢450 colones (up from ¢400), followed by best sellers like natilla la granja that now sells for ¢520 (up from ¢495) and the Pinito powdered milk that now sells for ¢2.030 for a 400 gram package (up from ¢1.935).

Dos Pinos claims that even though its best seller went up in price by ¢50 colones, it is still the lowest price in Central America.

Ernesto Artiñano, marketing director for the Investigación y Desarrollo de Dos Pinos, explained that the company loses ¢60 colones for every litre of pasteurized milk it sells and that the increase was necessary as the company could not absorb the loss any longer.

The price increase has the approval of the Ministerio de Economía Industria y Comercio (MEIC), saying the increase is justified to be able to keep the dairy producers healthy.
 
 
 


 

 

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