Coca-Cola: ‘Likely’ To Increase Juice Prices In 2011

NEW YORK -(Dow Jones)- The Coca-Cola Co. (KO) will "likely" increase prices for its Minute Maid and Simply juice brands next year because of cost pressures, the company said Wednesday.

"We are not immune to adverse impacts on our brands such as increasing commodity, fuel, packaging, and fruit costs," the company said in a statement emailed to font-weight: inherit ! important; font-size: inherit ! important;” target=”undefined”>Dow Jones

Newswires. "As a result of these cost pressures, the Minute Maid business unit will likely be increasing pricing for Minute Maid and Simply brands in 2011."

The increase would range from 4% to 8%, the company said.