(Bloomberg) -- PT Indofood Sukses Makmur, the
world's biggest instant noodle maker, raised prices of the
staple for the first time in more than three years after wheat
and palm oil costs rose.
The company raised the prices by 50 rupiah (1 U.S. cent) on
all its noodle packs yesterday, Weryanti Setiawan, head of
investor relations at the company, said today. That raised the
price of the best-selling Indomie Rasa Kari Ayam by 5 percent to
1,050 rupiah, while Indomie Mi Goreng rose 5.5 percent to 950
rupiah.
Read more at Bloomberg Commodities News
world's biggest instant noodle maker, raised prices of the
staple for the first time in more than three years after wheat
and palm oil costs rose.
The company raised the prices by 50 rupiah (1 U.S. cent) on
all its noodle packs yesterday, Weryanti Setiawan, head of
investor relations at the company, said today. That raised the
price of the best-selling Indomie Rasa Kari Ayam by 5 percent to
1,050 rupiah, while Indomie Mi Goreng rose 5.5 percent to 950
rupiah.
Read more at Bloomberg Commodities News
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