Foshan Haitian Flavouring & Food Co., China’s largest soy sauce maker by sales, has decided to raise the retail prices of its products due to higher costs.
The company plans to increase the prices of soy sauce, oyster sauce and other products by 3%-7% from Oct. 25, as the costs of raw materials, transport and energy continue to increase, the Shanghai-listed company said in an exchange filing dated Wednesday, adding that the hike is aimed at making its business more “sustainable.”
"Sauce" - Google News
October 13, 2021 at 06:58AM
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China's Soy Sauce King Raises Prices Due to Inflation - Bloomberg
"Sauce" - Google News
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