Reply To:
Name - Reply Comment
Last Updated : 2024-05-14 19:30:00
The milk powder importers still insist on a price hike of at least Rs. 260 for a packet of one kilo despite tax exemptions and by the slight drop of world market prices.
Earlier, they sought a price hike of Rs.350 a kilo.
An industry spokesman told Daily Mirror the importers welcomed the government stepping in to stabilise the market by waiving off customs duty and port and airport levy. However, he said the impact of tax waiver would be only Rs.35 a kilo.
“Previously, the milk powder price remained US $ 4,300 a tonne. It has now dropped to US $ 3,800. We cannot make profits with the current retail prices in the local market until it plummets to at least US $ 2,900. By discounting tax waiver and the price drop in the world market, we still need upward revision of milk powder prices by Rs. 260 a kilo,” he said.
Meanwhile, Lasantha Wickramasinghe who is the Chairman at MILCO (PVT) Ltd said this is the ideal opportunity for Sri Lanka to boost local production and promote fresh milk production.
Mr. Wickramaratne told Daily Mirror controlled price on milk powder as an essential food commodity should be done away it. “Then, we can offer a fair price for local dairy farmers. People tend to consume powdered milk believing it is cost-effective than fresh milk. However, consumption of fresh milk is affordable as long as it is mixed with tea and drunk,” he said.
He said eight litres of milk are required to manufacture one kilo of milk powder.(Kelum Bandara)
Chux Saturday, 14 August 2021 07:59 AM
Pls don’t worry you will get it soon
J A Nihal Peiris Saturday, 14 August 2021 07:59 AM
Milk powder IMPORTERS Making Staggering Billions of profits,While INCENTIVE ING INFLUENCIAL PEOPLE'S AROUND TO KEEP GOING THEIR LURICATIVE BUSINESS SRILANKANS MUST REALIZE THIS
eresh S kumara Saturday, 14 August 2021 10:20 AM
This is the time to start drinking herbal drinks and plain tea
Upul Siriwardena Saturday, 14 August 2021 03:23 PM
Developed countries do not use milk powder generally. We should promote fresh milk among general public of Sri Lanka.
Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
Reply To:
Name - Reply Comment
US authorities are currently reviewing the manifest of every cargo aboard MV
On March 26, a couple arriving from Thailand was arrested with 88 live animal
According to villagers from Naula-Moragolla out of 105 families 80 can afford
Is the situation in Sri Lanka so grim that locals harbour hope that they coul