Ramen Prices Still Rising

An odd news source for Ramen news, but TradingMarkets.com has some bad news from Nissin Foods, makers of Top Ramen.

NISSIN FOOD PRODUCTS CO. (TSE:2897) will likely lift the prices of its ramen noodles and other products again if the government increases the wholesale prices of imported wheat as expected this fall, President Koki Ando said Friday. Nissin Food “will have no choice but to pass on (higher costs) by raising product prices,” Ando told reporters.

The full story is here, but there isn’t much more to it. Stock up now!