Ghee Price Hike: Milk Fat Shortage In Indian Dairies 'Major Contributor', Says Report
New Delhi: Despite the milk production rising, market faces shortage of milk products, leading to the higher prices to the dairy products in the country.
For the past few months, major dairy brands hiked prices of milk and curd. The prices of ghee, butter and paneer are going up across the Indian states, with the ghee has witnessing one of the steepest hikes.
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According to a report by The Indian Express, a shortage of milk fat is causing the ghee and butter prices up. The report pointed out that average ex-dairy butter prices surged 54.3%, compared with a 18% increase in skimmed milk powder prices between October 2023 and October 2026.
The demand for high-fat dairy products have also increased significantly causing the price hike. The other reasons for the price surge include stick monitoring on adulteration, milk fat exports and slowing milk production growth.
Read Also: Milk Price To Rise By Rs 4: Kerala Government Approves Hike To ‘Support Dairy Farmers’
