The price of adult formula sold in the country has also increased! The increase is between 5% and 6%.
According to the news from the General Chamber of Commerce of Malaysia, as quoted by Sing Tao Daily, the price of domestic adult milk powder has been increased twice in the past 2 years, the first time in October 2021, an increase of 6%. This is the second price increase, the rate of 5% to 6%.
It is worth mentioning in particular that the price of infant formula has been increased in October last year, by 6%, while this time there is no news of price increase for infant formula yet.
Our milk powder mainly comes from Australia and New Zealand, this time the price increase of adult milk powder is mainly affected by the devaluation of the Malaysian dollar, the increase in freight costs and the increase in the price of tin cans.
In the United States, there was a shortage of infant formula in early May, and the US government was forced to use military aircraft to go to Europe to purchase milk powder. Thankfully, there is no shortage of milk powder in Malaysia yet.
