Tnuva Company announced today (Wednesday) to its customers in the retail and institutional market that it has updated the prices of its regulated dairy products by approximately 1% - following the increase in the prices of regulated dairy products.
According to the company's announcement, starting May 3, the price of long-life milk and white cheeses that are not under supervision will increase by approximately 1.21%.
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Butter is also expected to increase in price separately from the general update, with Tnuva butter in particular increasing by approximately 4.8%. The company explained that the increase is due to the high cost of fat on the global market.
Tnuva's butter, which is considered one of the cheapest on the shelf and currently sells for between 7.90 and 12.90 shekels per 200 grams, is expected to increase in price, as mentioned, by several shekels. Imported butters are already traded at higher price levels.
The prices of white cheese with unregulated fat percentages, including 9% cheeses, will also increase accordingly.
Other products are also expected to increase in price by approximately 1%, including white, Eshel, sweet cream, sour cream, 1% and 3% fat milk in cartons and bags, as well as Emek and Gilboa cheeses sold in delicatessens.
Tnuva stated: "The list price of most of Tnuva's unregulated dairy products, as well as all milk substitutes, remains unchanged. Consumer prices are determined by retailers at their discretion, and without Tnuva's intervention.".
It should be noted that in recent months, Tnuva has distributed a dividend of 200 million shekels.
