date:Sep 02, 2013
es.
Nisshin Oillio Group Ltd. will raise the prices of its 315-gram mayonnaise-type dressing and 70-gram ground sesame seeds product by some 20 each.
Behind the price hikes are higher prices of soy beans, used in dressing oil, and surging prices of sesame in India, a major supplier, due to drought and flooding.
Because the government decided to raise the prices of imported wheat sold to flour mills in October, the wave of price hikes is expected to spread to bread and noodles.