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    Home > Food News > Food Articles > Many American giants announced price increases!

    Many American giants announced price increases!

    • Last Update: 2021-11-11
    • Source: Internet
    • Author: User
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    Recently, affected by supply shortages and other factors, many well-known companies in the United States have announced price increases.
    On the 2nd local time, the US snack industry giant Mondelez International stated that its Oreo biscuits and other products may increase prices by 7% from next year.

    .
    At the same time, the US cleaning products giant Clorox recently announced that it will raise its product prices by 70%
    .

     
    Mondelez International said that due to issues such as rising commodity prices and supply disruptions, the company expects its costs to rise by 6% in 2022
    .
    In order to ensure profits, we are considering increasing the prices of products in the US market by 7% starting next year
    .

     
    The latest financial report released by Mondelez International shows that the company's net income in the third quarter of this year reached 7.
    18 billion US dollars, or about 46 billion yuan, which was higher than market expectations
    .
     
    The analysis believes that during the epidemic, consumers spend more time at home, and the demand for snack products such as biscuits has risen sharply
    .
    However, due to supply constraints, product inventory has always been problematic.
    This situation is particularly prominent in the US market.
    If it is not resolved for a long time, it will affect sales
    .

     
      It is understood that the predecessor of Mondelez International is Kraft Foods, the largest food company in the United States and the second largest in the world
    .
    Kraft Foods was split into two independent listed companies in October 2012.
    One is a grocery business company mainly for the North American market, still using the original name of Kraft Foods; the other is a snack company for the global market, renamed Mondelez International
    .

     
      At the same time, the US cleaning supplies giant Clorox recently announced that it will raise the price of about half of its products again in November, and is expected to increase the price of 70% of its products before the end of the 2022 fiscal year
    .
      Recently, affected by supply shortages and other factors, many well-known companies in the United States have announced price increases.
    On the 2nd local time, the US snack industry giant Mondelez International stated that its Oreo biscuits and other products may increase prices by 7% from next year.

    .
    At the same time, the US cleaning products giant Clorox recently announced that it will raise its product prices by 70%
    .

    U.
    S.
    Oreo Biscuit Price
     
      Mondelez International said that due to issues such as rising commodity prices and supply disruptions, the company expects its costs to rise by 6% in 2022
    .
    In order to ensure profits, we are considering increasing the prices of products in the US market by 7% starting next year
    .

     
      The latest financial report released by Mondelez International shows that the company's net income in the third quarter of this year reached 7.
    18 billion US dollars, or about 46 billion yuan, which was higher than market expectations
    .
     
      The analysis believes that during the epidemic, consumers spend more time at home, and the demand for snack products such as biscuits has risen sharply
    .
    However, due to supply constraints, product inventory has always been problematic.
    This situation is particularly prominent in the US market.
    If it is not resolved for a long time, it will affect sales
    .

     
      It is understood that the predecessor of Mondelez International is Kraft Foods, the largest food company in the United States and the second largest in the world
    .
    Kraft Foods was split into two independent listed companies in October 2012.
    One is a grocery business company mainly for the North American market, still using the original name of Kraft Foods; the other is a snack company for the global market, renamed Mondelez International
    .

     
      At the same time, the US cleaning supplies giant Clorox recently announced that it will raise the price of about half of its products again in November, and is expected to increase the price of 70% of its products before the end of the 2022 fiscal year
    .
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