Imported milk powder prices increased

24 September 2019 12:41 pm - 6 - {{hitsCtrl.values.hits}}

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The price of a packet of imported milk powder has been increased from today, the Consumer Affairs Authority said.

A CAA spokesman said a 400-grams packet of imported milk powder packet would be increased by Rs.20 while a one-kilo packet would be increased by Rs.50.

The milk powder companies had requested for a price hike in a letter sent to the CAA on Monday.

The milk powder companies said the prices were increased under the pricing formula and in keeping with the world market.

The present market price of a 400-gram packet of imported milk powder packet is Rs.395 while that of a one-kilogram packet was Rs.985.

The Government had introduced the pricing formula for milk powder in consideration of market prices and exchange rate fluctuations to ensure that benefits are transferred to consumers.

However, the prices of imported milk powder already released to the market will remain unchanged. (Chaturanga Samarawickrama)

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Comments - 6

Liberal One Tuesday, 24 September 2019 02:20 PM

Good. we are spending Rs 50 billion each year to import this. We can build 100 brand new schools year each with that money.

Eric Tuesday, 24 September 2019 03:15 PM

What is reason for this increase,every month it is going up what a curse on the people

Hyper Market Tuesday, 24 September 2019 04:43 PM

Few days back anchor milk was missing in the supermarket.now the reason known

ANTON Tuesday, 24 September 2019 04:47 PM

Gamarala should make some farms to solve this.

R.Daya Tuesday, 24 September 2019 04:59 PM

We have one of the excellent diary farms in Sri Lanka, Highlands, but never expanded due to political in-efficiency, unfortunate.

Cobra Tuesday, 24 September 2019 06:21 PM

Ok, but please tell us the brands of local milk powder and their prices!

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Imported milk powder prices increased

Comments - 6

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