The wholesale price of a pack of 50 kg wheat flour has risen up to Rs. 21,000, making the price of 01 kg Rs. 420, the All Ceylon Bakery Owners’ Association disclosed.
Despite the price being surged up to such an aggravating amount, there are no wheat flour stocks available in the country, driving the bakery industry into a serious crisis, Union President N.K. Jayawardena told media.
In the backdrop, many bakeries across the country have been closed, he added.
Nevertheless, contradictory to the bakery owners’ grievance, Trade Minister Nalin Fernando went on public record claiming that the price surge on wheat flour would be temporary and that the price will be dropped by a considerable amount once the ordered stocks are delivered.
MIAP
