/

Ajinomoto to raise Knorr Cup Soup prices for first time in 33 years

JIJI

Major food maker Ajinomoto Co. said Friday it will raise the prices of Knorr Cup Soup products for the first time in 33 years.

The prices for 29 Knorr powdered soup products will rise by somewhere between 4 to 8 percent for shipments from April 1, reflecting higher prices for imported corn powder and other ingredients due to the yen’s weakening.

Ajinomoto launched the Knorr Cup Soup series in Japan in 1973.

After the price markup, a box of eight servings of corn cream soup, a popular product, is expected to sell for around ¥490 at retail stores, up ¥30.