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

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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

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