Local milk powder producers hike prices
By Dilanthi Jayamanne
In the wake of milk powder importers increasing the prices of their products, local milk producers, MILCO Private Limited and Pelwatte, too jacked up their prices from Friday (15).
Milco Private Limited said the price of one kilogram Highland milk powder pack was increased by Rs 225 to be retailed at Rs 1,170. Also, the 400g pack, which was sold at Rs 380, was hiked by Rs 90 to be retailed at Rs 470. The Palawatte Dairy increased 400g of its milk powder by Rs 80 to be retailed at Rs 460.