In response to the prevailing market shortage and ineffective price controls, the Consumer Affairs Authority (CAA) has issued a special gazette notification lifting the maximum retail price (MRP) imposed on eggs. The move came into effect at midnight on July 25.
Previously, the CAA had set controlled prices for white and brown eggs, but these proved ineffective as vendors continued to sell eggs at higher prices. The president of All-Ceylon Egg Producers’ Association attributed the shortage to the MRP, expressing confidence that they can sell eggs at Rs. 50 once the price controls are lifted.
In light of the situation, Trade Minister Nalin Fernando announced that eggs imported from India will now be available at Rs. 35 per egg at all Lanka Sathosa outlets and Rs. 40 per egg at supermarkets. To meet the demand, the State Trading (General) Corporation has taken steps to supply imported egg stocks to Lanka Sathosa outlets and supermarkets starting from the same day.
Amidst these developments, members of the All-Island Canteen Owners’ Association staged a protest, demanding the prompt reduction of LP gas prices in front of the main office of Laugfs Gas PLC. Minister Fernando stated that the Cabinet of Ministers would be informed about the gas company’s failure to implement price cuts, while highlighting Litro Gas Lanka’s four consecutive price reductions this year, leading to the price of a 12.5kg gas cylinder now standing at Rs. 2,982.
