The Milk Powder Importers’ Association has decided to increase the price of imported milk powder with effect from today, Association Spokesperson Ashoka Bandara said.
He told the Daily Mirror that the decision was taken due to the increase in prices in the world market during the past eight weeks.
Accordingly, the price of a 1 kg packet of imported milk powder, which was at Rs. 1,195, will be increased by Rs. 150, and the new selling price will be Rs. 1,345. The 400g packet, which was at Rs. 480, will be increased by Rs. 60, and the new selling price will be Rs. 540, Mr. Bandara said.
The milk powder increase in the international market cannot be controled by our government or by our association. Therefore, we have to purchase our stocks at the available international market price, he said.
If we receive any concessions from the milk powder auctions, that relief will be directly given to our customers, Mr. Bandara added.
Sri Lanka Police says legal action has been taken against a total of 8,747 motorists…
The new government is unlikely to follow the previous government’s model in tying up with…
Cinnamon Grand Colombo on Friday was adjudged the ‘Best 5-Star Hotel’ in the city along…
Sri Lanka is preparing to mark a major milestone in its tourism recovery, with the…
The Government has decided to provide Rs. 100,000 per hectare for farmers whose crops were…
Pulled from the mud as an infant after the devastating Indian Ocean tsunami in 2004…
View Comments
this is the usual thing in Sri Lanka. Prices go up at a greater pace than the salaries. what a shame.