Thursday, 21 May 2009

Milk basic price will be determined

The government is planning to issue a policy on fresh milk consumption and determine the basic price of domestic fresh milk as part of the efforts to prevent the decline of selling price below the production cost. Previously, dairy farmers complained about the price reduction applied by milk processing industries (IPS). Currently, almost 90% of the national fresh milk production is sold to the IPS, which is consisted of PT Nestle, PT Frisian Flag, PT Ultra Jaya, PT Sari Husada and PT Indomilk-Indolacto.
Source: PA Asia - Public Affairs and CSR from Bisnis Indonesia, 19 May, p.i6

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