Wheat flour price increased

26 April 2012 01:40 pm - 36     - {{hitsCtrl.values.hits}}

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Price of one kilogram of wheat flour has been increased by Rs. 8.50 with effect from midnight today, sources said. The new price of one kilogram of wheat flour will be Rs. 98.50

Main share holders Prima and Serendib Flour Mills both raised their prices owing to severe losses incurred by the companies after fuel prices and electricity prices were increased in February this year.

Serendib Flour Mills CEO Sathak Abdul Kadar said that after prices were increased the exorbitant electricity tariffs and transport charges cost the company a massive loss of Rs 3.2 million each day.

Kadar said the exchange rate which rose dramatically from Rs.112 to Rs.134 by about 20% further cost severe losses. “We were bleeding. We suffered a heavy loss. The price increase was necessary,” he said.

Bread and other baked goods are also expected to shoot up in price due to the wheat flour increase, officials said. (OJ)

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  Comments - 36

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 
  • sdfdddd Thursday, 26 April 2012 06:06 PM

    our people must understand trend is dangerous !

    Naleer Friday, 27 April 2012 04:44 AM

    President unaware of the price increment bcos he was out of the country all the occation.

    Renu Friday, 27 April 2012 04:50 AM

    Tell the president that Flour was increased by Rs: 8.50 per Kg during his absence, and for him to revert decision.

    shace-UK Thursday, 26 April 2012 07:45 PM

    This is crazy!!! 1.5 Kg flour in UK is 52 pence which means 1KG is only 70 Rupees.

    RajasH Thursday, 26 April 2012 07:54 PM

    another mosque incident another price rise

    Sri Minnal Thursday, 26 April 2012 08:12 PM

    Put the blame on the exchange rate. Can we still live on a Rs:7,500 income for a family of three.

    senna Thursday, 26 April 2012 09:43 PM

    are we going to see gap between have and have nots increase under chintanaya

    Sam Thursday, 26 April 2012 09:51 PM

    It is good.We should give local products first priority. We do not need American flour here. It is good decision by government.

    citizen1 Thursday, 26 April 2012 10:53 PM

    This is to pay off the new Korean loan interest!!!

    worriedhouse wife Friday, 27 April 2012 06:23 AM

    Minister Bandula say 7500/= is enought for 3 people to eat
    ask him how to do it when things are going up daily Can we know how many are in his family ?

    road runner Thursday, 26 April 2012 11:50 PM

    stop pity thrasthavathaya.

    Jayasri Friday, 27 April 2012 12:25 AM

    We have excess production of rice now. This is the only alternative. Let's eat rice based stuffs

    Hoodwinked Friday, 27 April 2012 12:19 AM

    Dambula incidence was a good camouflage for this price increase. With more protest and hartals, watch the blind side for many more. Sympathies to those who are gullible.

    fayaz Friday, 27 April 2012 07:05 AM

    bulath kollayata chandha dhunayonge paramparawatama sapakaranawa!

    shantha madawela Friday, 27 April 2012 07:04 AM

    well done, good work Jony....this is the way you treats your voters...

    Black Mamba Friday, 27 April 2012 01:15 AM

    This is the first of the thunderbolts they were talking about. More on the way,. Asubha Avuruddak wewa!

    Banker Friday, 27 April 2012 01:38 AM

    Pearl of Indian Ocean

    ZipZip Thursday, 26 April 2012 02:17 PM

    Yippee! Now we will have another round of 'make it all from rice flour.'

    fazan Thursday, 26 April 2012 02:14 PM

    I guess no more election this year

    Fassey Friday, 27 April 2012 02:58 AM

    Many more happy returns for all those who voted.

    Mervyn Szilvah Thursday, 26 April 2012 02:04 PM

    Subha anagathayak

    Fusion Thursday, 26 April 2012 02:20 PM

    Ela ela! Ohoma yang!

    Calistus Jayatilleke Thursday, 26 April 2012 02:23 PM

    When our Dana Rina wizard, came up with another great discovery that 350 string hoppers can be made from 1 kg of flour, we knew something is in the air. We will soon be able to hear a number of experts telling us the advantages of using rice flour and the disadvantages of eating bread made of wheat flour.

    weha Thursday, 26 April 2012 02:13 PM

    Apitama Jayawewaaa !!!!!!

    da boss Thursday, 26 April 2012 02:17 PM

    UPFA new topic : paan mila da?
    Maw rata da? LMAO

    chandran Thursday, 26 April 2012 02:54 PM

    Oh!!!!!!!!!!!!!!!!...........There is no Decreasing?................................................................................................................................................................................................................................................................................................................................................................................................??????????????????????????????????????????????????????????????????????

    joker Thursday, 26 April 2012 03:33 PM

    go lanka go!!!!!!!!!!!!!

    lankashantha Thursday, 26 April 2012 03:34 PM

    Where is that minister and his challenge on TV?

    M.Z.M.Shafeek Thursday, 26 April 2012 03:32 PM

    go ahead. carry on

    chandran Friday, 27 April 2012 09:39 AM

    Thawathe deepalla................

    mama UPFA_goast Thursday, 26 April 2012 03:53 PM

    Now enoy with my government

    C.K. Lankaputhra Thursday, 26 April 2012 04:25 PM

    People gave them, returns are coming.

    Ravi Seneviratne Thursday, 26 April 2012 04:32 PM

    Lovely drive thru the covers , ela kiri kollo ,

    wicks Thursday, 26 April 2012 04:32 PM

    you all voted ...please enoy now....I will give u more happiness in upcoming months just to feel wonder of asia

    Patriot Thursday, 26 April 2012 04:40 PM

    HAPPY NEW YEAR!!!!!!
    Many more on the way......

    DeSelva Thursday, 26 April 2012 04:28 PM

    we have excess food to export I heard during independence day celebration.


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See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.