Ottogi to Raise Prices on 29 Curry, Ketchup, Glass Noodle Items From July 16
Ottogi is set to raise prices on 29 products from July 16, covering curry, glass noodles, ketchup and pepper. The key increases are 6.1% for curry, 10% for glass noodles and 17% for pepper. Higher raw material and packaging costs are driving the move. The increase is likely to add pressure to household food spending and restaurant ingredient costs.
Ottogi will begin raising prices on 29 food products from July 16, with the changes applied gradually across retail channels. The list includes everyday items such as curry, glass noodles, ketchup and pepper, making the move directly relevant to household grocery bills in Korea.
Everyday Food Items Affected
Curry products will rise by an average of 6.1%, glass noodles by 10% and pepper by 17%. Ketchup is also included in the price adjustment. The new prices will appear at large retailers, supermarkets, convenience stores and online malls at different times depending on contracts and inventory.
For shoppers, prices may not change everywhere on the same day. Stores with older stock may sell at previous prices for a short period, while newly supplied items are expected to reflect the higher prices.
Cost Pressure Behind the Move
The main driver is the rise in raw material and packaging costs. Curry and sauces rely on spices, starches, oils and tomato-based ingredients, while glass noodles are tied to starch prices. Pepper is also sensitive to import costs, exchange rates and logistics expenses.
Packaging materials and delivery costs add further pressure. As these costs accumulate, food makers have less room to absorb them without adjusting retail prices.
Impact on Households and Restaurants
Curry, ketchup, glass noodles and pepper are widely used in home cooking, school meals, snack shops and restaurants. Even modest item-level increases can add up because these products are bought repeatedly. Restaurants and small food businesses may also face higher ingredient costs.
Consumers are expected to compare brands, buy larger packs or use online discounts to limit the impact. If raw material, currency and logistics pressures continue, processed food prices in Korea may remain sensitive in the second half of the year.
Key points
- Ottogi is set to raise prices on 29 products from July 16, covering curry, glass noodles, ketchup and pepper. The key increases are 6.1% for curry, 10% for glass noodles and 17% for pepper. Higher raw material and packaging costs are driving the move. The increase is likely to add pressure to household food spending and restaurant ingredient costs.
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FAQ
When will Ottogi raise prices?
The price increases begin on July 16 and will be reflected gradually by retail channel.
Which products are affected?
The adjustment covers 29 items, including curry, glass noodles, ketchup and pepper.
Why are prices rising?
The increase is driven by higher raw material, packaging and related production costs.
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