Milk powder price likely to soar again

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The price of milk powder may have to be increased from tomorrow (30), said the Milk Powder Importers Association said. Accordingly, the increased prices will be announced tomorrow, said Union Spokesman Ashoka Bandara.

Following the last revision of the milk powder price, a 400 gram packet of milk powder was sold for Rs. 470 and a 01 kilogram packet for Rs. 1170.

The Public Sector has dramatically lost control over the prices of many commodities, including milk powder now. As of now, the price of milk powder is determined by the importers.

MIAP

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