Maxim and Canoo are going up...Dongseo Foods Raises 8.9% On Average From 15th

Dongseo Food has decided to raise the price of Maxim coffee mix and canoe by 8.9% on average from the 15th.

As a result, the 2.16kg Maxime Mocha Gold Coffee Mix will increase by 2,250 won to 25,950 won, and the 90g Canoe Americano will increase by 1,640 won to 18,900 won.

It is the first time in about two years that Dongseo Foods has raised the price of its coffee products since December 2022.

Dongseo Foods said it decided to raise prices as coffee production decreased due to abnormal weather, raising the price of beans and increasing the burden due to high exchange rates.