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Increase in milk prices sets off chain reaction in Nepal

Increase in milk prices sets off chain reaction

Milk-based products are set to become at least 12 percent dearer due to a chain reaction caused by a hike in milk prices, said traders. On Wednesday, state-owned Dairy Development Corporation (DDC) jacked up prices of non-skimmed and skimmed milk by Rs 6 and Rs 8 per litre respectively. Private dairies promptly followed the lead by hiking their…
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