
Thursday, 24th April 2008 - 12:45CET
Milk price to rise from tomorrow
The price of one litre milk cartons will increase by seven euro cents to 72 euro cents as from tomorrow, MDP said.
“The last six months have seen further significant increases in the global market prices of the raw materials used in the production of animal balanced feeds as well as record oil prices. Moreover, further price increases have also been experienced in the other major prime cost components ranging from food ingredients to packaging material,” the company said.
“As a consequence, Malta Dairy Products Limited is again being faced with an enormous increase in its expense when purchasing these raw materials that it uses in the production of its fresh milk and other milk products," MDP said.
It added that it was impossible for it to absorb all these increases.
MDP said it was committed to keeping prices as low as possible.
No increases have been made to the prices of yogurt products and fresh rikotta.




RSS
Comments
If you are going to discuss problems, bring the solutions with you. Alfred Sant was always talking about transparency and he was right, the public saw right through the labour party and decided they were not ready to govern. Reading the comments posted here shows the negative mentality of their supporters.
In fact because of the world demand for food etc it is estimated that the poorer nations are going to suffer the most and that more people are going to be starving.
Much of this is due to the price of oil & when you have Hugo Chavez, the President of oil rich Venezuela, saying that we are not paying enough for oil and that it really should be almost double what it is now, what chance is there of our petrol, electricity going down in price any day soon.
Countries like China & India, who used to subsist mainly on rice, are getting richer & their demand for cereals, meat & now dairy products is going up, which means that the prices of these products will go up.
The amount of waste of foodstuffs in the Western world doesn't help either.
To this day I still mainly shop in my lttle grocer, buying what I need each day. Going to supermarkets means we buy more than we need & more food just gets thrown away. I often wonder how much of what I see in trolleys piled high with food is actually eaten & how much goes in the bin.
There is the old saying "Waste Not Want Not", use left overs & plan your meals and the price of your weekly shopping will decrease slightly in spite of the price rise of milk, bread etc.
@ C Camilleri - The government doesn't have to wait until the next budget to tax us, this has become everyday work!
@ A Gatt - It is true that in the 80's there was only one brand of tea, but you cannot say that people are going abroad now, that we have a PN government! Come on, I know people who take a holiday once a year and then have to live day by day on their salary the whole year!
The truth is that this is the second rise in milk in a few months, and for those who can afford it, it is no problem. But what about those who can't; UHM and GWU must speak up, this cannot go on.
I invite you to visit AMITEX this weekend...you will be surprised with the number of people booking holidays....not to Sicily mind you....but to Far East and Caribbean cruises!!
With regards to the increase in prices, I know it had to happen. What I don't understand at this point in time is why the Goverment is doing very little and very slowly regards to alternative fuels.
I know ... alternative fuels wouldn't have helped the price of milk from increasing, but would have helped the country to save tons of 1 € cents in other fields.
seriously, don't you get it that oil cannot decrease in price it can only become more expensive as it is a limited earth resource which soon finishes, so ANYTHING which comes from oil or works on oil must have some kind of rise in price!!
Anyone blaming the government or blaming anything/anyone else.... why don't you do something about it and not just make a fuss.... get out your chemistry/boilogy/physics/science/technology books and study...maybe we'll have a Maltese modern Einstein!!!
Of course its the government's fault that the price of fodder etc has increased around the world. Who else can the disgruntled minority of the country blame?
Inflation can only be controlled be an increase in productivity, better public spending, less abuse of social services nd hopefully less taxes
How can you be so naive.
What Tal-Labour did not tell us was how they were to finance the 50% reduction in the Surcharge - most probably they would have increased the rates per unit of electricity and water, or increase VAT, or create new taxes as they did when in power in 1997, like the 33 new taxes including the door tax of Lm 48
Overtime money, tax free. The disaster that this measure would have brought about would have been irreversible and the repercussions would be felt for years to come.
The Lm 7000 saving for first time buyers is no saving at all. It is just a loan to be paid back after some years with interest at commercial rates. Ha. Ha.Ha. What a saving!!!!
we are going to get a reduction of the top rate of tax from 35% to 25%. Work out what that will leave you in your pocket, and compare it with the amount left in your pocket from a 50% reduction in the SURCHARGE (not the bill). Give me the tax reduction any day...I can buy whole truckloads of milk with it! :)
Err....Yawn......
What can the government do? Subsidise it (i.e. more taxes)? or maybe create a big offshore island the size of Malta to grow cheap grains and hay for the local cows? I know it! - the solution is to withdraw from the EU.
Maybe it's called globalisation and global problems? Some people need to snap out of their island mentality. And if you thought this was a case of "A-ha! I was right! You should have voted MLP" then sorry, try again later.
OF COURSE NOT CHARLES..... IT`S IMPOSSIBLE..... I KNOW......
But you know Charles, at least, a labour government had promissed us to immediately leave us some MORE CASH in our take home pay, by spending that much L E S S on direct taxes, mentioned in my previous comment.....
Right Charles ....????
I don't t like to see prices rising.
But if there is some Wise guy, who has a solution to this milky issue, show us the formula ?
perhaps a Labour Government like that of the 1996-1998 which made us swallow 33 new taxes in 22 months would solve the problem of increasing oil and fodder prices. Labour did not tell the voters that they have a magic formula how to solve this problem of rising raw material from abroad.
In this last general election, the majority of those eligible to vote, decided either not to collect their voting document...!!! OR...Collecting their voting document and not voting anyway...!!! OR... Deleting their voting document...!!! OR... Even worse, voted in favour of that party that declared that he couldn`t care less if there would be a savage price increase in the cost of living, after March, 2008...!!!
These voted against a 50% immediate reduction on electricity bills... Against earning overtime money, tax free... Against saving some LM7000 to those first time buyers on the purchase of their houses... Etc.. Etc.... Etc....
CONCLUSION: Enjoy yourselves you wise guys... Have fun seeing the purchasing power of your take home pay shrinking by the day....!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
MDP - why raise only the price of milk and not distribute the extra rise in cost on all products including yoghurt and rikotta?...is it because milk is bought by everyone and other products are bought only by the few?
Ah. Maybe these are made with sun-dried tomatoes and not milk?