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.