Wednesday, July 4, 2007

Nippon Meat Packers to Increase Prices an Average 10 Percent in September

(Bloomberg) -- Nippon Meat Packers Inc., Japan's
largest meat processor, will raise prices on hams, sausages and
other products by an average of 10 percent from Sept. 1.

In a statement posted yesterday on its Web site, the company
said it was raising prices by between 7 and 15 percent because of
increasing raw materials costs, including pork and fuel. The
Osaka, western Japan-based company previously raised retail
product prices in June 2006.


Read more at Bloomberg Commodities News

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