Price of imported milk powder to go up by Rs 200 per kilo
By Amila Abeyratne
It has been decided to increase the price of imported milk powder by Rs 200 per kilogram, State Minister of Co-operative Services, Marketing Development and Consumer Protection, Lasantha Alagiyawanna, said.
However, the final decision in this regard will be taken by the Cost of Living Committee next week, the State Minister said. Alagiyawanna held discussions with milk powder importers on 18 September.
Reportedly, the importers had demanded an increase of Rs 350 per kilogram of milk powder. Subsequently, the two parties had agreed to increase the price of a kilogram of milk powder by Rs 200.
The current price of milk powder in the market is Rs 945 per kilo. If the price is increased by Rs 200, the price of a kilo will increase to Rs 1,145. The current price of a 400g packet of milk powder in the market will increase by Rs 78, increasing the price of a 400g packet to Rs 458.