Consumer Staples Oct 19, 2021 07:40 AM (GMT+8) · EqualOcean
CSC said that in addition to Haitian, Angel yeast also raised the price of domestic large packaging yeast products by 20% + at the end of September, which is a historical high price increase. The price adjustment of condiments is based on cost pressure, so the recovery of dynamic sales in the market is still relatively slow, and the demand side is relatively low. In terms of performance, the operating pressure of short-term condiment companies is still on, and during the price transmission period, the price increase will be used as a channel for cost return, and will be gradually recovered thereafter. Therefore, the benefit of price increase is more reflected in next year. At the current time, price increase will become the focus of market speculation.
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