Milk powder price to soar next week. 400g packet likely to soar over Rs. 1000

Date:

The price of imported milk powder will increase again by the end of the week warned the Milk Powder Importers’ Association.

The price of imported milk powder may be increased as per the discretion of the importers given that the government has lifted the control price imposed on milk powder, said Union Spokesman Asoka Bandara, adding that up to which extent should the price be soared, nevertheless, cannot be predicted at this moment.

However, market sources claimed that any soaring of milk powder price will exceed the price of a 400g milk powder packet over Rs. 1000.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

BOI Firms Warn of Heavy Losses from Palm Oil Import Ban

Sri Lanka’s palm oil based industry, once a promising...

UN Flags Sri Lanka’s Slow Progress on Enforced Disappearances

The United Nations Committee on Enforced Disappearances (CED) has...

Sri Lanka Tourism Surges: October Arrivals Break New Records

Sri Lanka’s tourism industry has entered October on a...

Banking Sector Assets Expand 14.9% amid Profit Surge and Lower Defaults

Sri Lanka’s banking sector displayed renewed resilience in the...