The retail distribution sector has confirmed that price rises ranging from 5 percent to 10 percent for powdered milk and alcohol products have come into effect this month.
According to retail distributors, a 1.6kg tin of Nestle powdered milk and Klim instant milk has already risen from NT$460 (US$15) to NT$480, whereas a 1.5kg tin of Klim’s Omega powdered milk has gone up from NT$560 to NT$600.
The price of Abbot-brand baby milk powder has risen by 10 percent. Although the price of the firm’s milk power for toddlers and young children has remained the same, product volumes have been cut by 50g and 150g respectively.
The price of Quaker-brand milk powder for babies and young children has increased by between 4 percent and 6 percent this month, while other milk powder companies are considering following suit.
Retail distributors say that the price of instant coffee has also increased.
Nestle’s 42-pack 3-in-1 instant coffee has gone up from NT$195 to NT$209, whereas Maxwell and other instant coffee brands are waiting to see whether the price increase impacts demand before deciding whether to increase their prices.
Retail distributors that import alcohol also said prices have gone up.
Remy Martin’s Taiwanese branch marketing director Ivan Chang (張德武) said that as of Sunday, the price of a bottle of VSOP aged for a minimum of four years, went up by 10 percent, or about NT$120, and is now selling for about NT$1,380.
The price of a bottle of XO aged in a cask for a minimum of 10 years has increased by 20 percent, from NT$3,680 to NT$4,380, Chang said.
A bottle of Louis XIII, a cognac manufactured using grapes from the Grande Champagne territory of Cognac, France, increased by 17 percent and now sells for NT$88,000.
The price of brandy sold in Taiwan was originally lower than in other Asian markets, and so the company decided to raise prices, Chang said.
Hennessy also raised prices by about 10 percent in February, retail distributors said.
Translated by Jake Chung, Staff Writer
The Mainland Affairs Council (MAC) on Friday condemned Chinese and Russian authorities for escalating regional tensions, citing Chinese warplanes crossing the Taiwan Strait’s median line and joint China-Russia military activities breaching South Korea’s air defense identification zone (KADIZ) over the past two days. A total of 30 Chinese warplanes crossed the median line of the Taiwan Strait on Thursday and Friday, entering Taiwan’s northern and southwestern airspace in coordination with 15 naval vessels and three high-altitude balloons, the MAC said in a statement. The Chinese military also carried out another “joint combat readiness patrol” targeting Taiwan on Thursday evening, the MAC said. On
Singapore is to allow imports of Taiwanese raw pork for the first time in 15 years, the Ministry of Agriculture said yesterday. The Singapore Food Agency has approved imports of fresh pork produced by New Taipei City-based Cha I Shan Foods, which had obtained a Hazard Analysis and Critical Control Points (HACCP) certification from the ministry to export to Singapore, it said. The ministry said it had hoped Singapore would permit Taiwanese fresh pork imports in addition to processed pork products. Singapore agreed to accept Taiwanese fresh pork after completing a document review and a virtual tour of Cha I Shan Foods’ packing
‘FACT-BASED’: There is no ban, and 2 million Taiwanese have traveled to China this year, which is more than the 285,000 Chinese who visited Taiwan, the council said The Mainland Affairs Council (MAC) yesterday accused China’s Taiwan Affairs Office (TAO) of shifting the blame for Beijing’s tourism ban on Taiwan, continuing a war of words that started in the past week. The council’s remark came hours after its Chinese counterpart on Friday accused the government of creating barriers to the resumption of reciprocal group tours across the Taiwan Strait. The TAO accused the MAC of releasing untruthful information and dragging its feet on the tourism sector’s call to establishing ferries linking Pingtung County to China’s Pingtan Island. The MAC failed to respond to overtures to restore direct flights and raised the
Taipei Mayor Chiang Wan-an (蔣萬安) yesterday said the city “does not tolerate violence” after the Taipei City Council reported death threats over a planned screening today of a documentary on alleged forced organ harvesting in China. The council’s report follows a flurry of similar threats targeting theaters and institutions screening the documentary, titled State Organs, which accuses Chinese officials of harvesting organs from incarcerated dissidents and Falun Gong members. Democratic Progressive Party (DPP) city councilors who planned to screen the film told a news conference earlier yesterday that the organizers of the screening had received a threat of a knife attack signed
RSS