Amul butter to cost Rs 2 more

State's largest milk producer Gujarat Co-operative Milk Marketing Federation marketing its dairy products under the brand 'Amul' has decided to hike the prices of butter by Rs 2 per 100 gram pack from next week.

"Due to increase in input cost, we have to pay more to the milk producers hence butter prices have been raised by Rs 2 per 100 gram pack," Chief General Manager GCMMF R S Sodhi told PTI in an e-mail reply.

The price of 100 gram butter pack has been raised from Rs 23 to Rs 25 per pack, and the hike comes into effect from next week as new stocks are being dispatched, he added.

Let me inform you that world over dairy fat prices have doubled during the last three months, considering this the increase in butter prices is still much lower than other food prices, Sodhi said.

GCMMF had raised the milk prices by Re 1 in August last this year citing rise in input cost. The price of its full cream milk shot up to Rs 27 per litre, from Rs 26 per litre post the hike.

With a network of 13 district co-operative milk producing unions, GCMMF has daily average milk collection of 8.4 million litres, and touched a sales turnover of Rs 67,113 million last fiscal, federation official said.