With two hikes in just four months, milk prices are on the boil this season. Following the recent hike effected by Amul, now Mother Dairy has increased milk prices by Rs 2 per litre with effect from Wednesday, October 23. Both the leading milk companies had raised its rates in May, a phenomenon that didn’t occur last year.
Amul, the market leader in pouch milk sale, had increased its milk prices by Rs 2 per litre from May 1. Similarly, Mother Dairy, the largest milk supplier in Delhi and National Capital Region region, had hiked it up to Rs 3 the same month. However, the scenario was much brighter in the Capital last year as these companies had raised their milk prices only once. While Amul had raised its rate in April 2012, Mother Dairy followed it up in September, the same year.