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Last Updated : 2024-04-26 08:21:00
The prices of bakery products could not be reduced despite a fall in fuel prices, the All Ceylon Bakery Owners' Association (ACBOA) said today.
They said they would not gain any befit out of a price cut.
Only twenty percent of the bakeries use gas ovens for baking, while the rest use fire-wood, ACBOA Spokesperson N.K. Jayawardena said.
He said that only a tariff reduction on ingredients could help them reduce the costs of bakery products.
“We expect a tariff reduction on essential bakery ingredients such as wheat flour and margarine to reduce the price of baked products. For margarine there is a 100 per cent tariff,” Mr. Jayawardena said.
“The fall in prices fuel does not have any effect on our costs,” he said. (Chaturanga Pradeep)
dcn Friday, 12 December 2014 07:29 AM
Come what may, in Sri Lanka what goes up . never comes down.
Freebird Friday, 12 December 2014 03:03 PM
What about transport cost Fuel prices has come down via DM Android App
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