It is reported that the Milk Powder Importers Association is planning to increase the price of a kilogram of imported milk powder by Rs. 300.
Accordingly, the price of a 400-gram packet of milk powder will be increased by Rs. 120.
The Milk Powder Importers’ Association says that they have no choice but to increase the price of milk powder in Sri Lanka against the backdrop of the price of a metric ton of milk powder in the world market rising to US $ 5500.
The control price for milk powder was removed some time ago and companies have the ability to set the price as they wish.