New maximum retail price set for canned fish

28 December 2024 05:11 pm Views - {{hitsCtrl.values.hits}} 2 Bookmark

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Colombo, December 28 (Daily Mirror)- The Consumer Affairs Authority (CAA) has announced new maximum retail prices for specific types of canned fish, effective today.

This directive, issued under Section 20(5) of the Act, prohibits local manufacturers, packers, distributors and traders from selling or displaying canned fish at prices higher than the stipulated rates.

The types of canned fish and their maximum retail prices (MRP) are as follows:

• Tuna (Katsuwonus pelamis, Auxis rochei, Euthynnus affinis, Auxis thazard)

• 425g (Net Weight) / 280g (Drained Weight): Rs. 380 per can

• 155g (Net Weight) / 105g (Drained Weight): Rs. 180 per can

• Mackerel (Scomber scombrus, Scomber japonicus, Scomber australasicus)

• 425g (Net Weight) / 280g (Drained Weight): Rs. 420 per can

• Jack Mackerel (Linna - Decapterus russelli)

• 425g (Net Weight) / 280g (Drained Weight): Rs. 560 per can

Comments - 2

Lion Saturday, 28 December 2024 06:34 PM

Very good, hope consumer authorities keep a tab on the traders and those who sell above the control price should be taken to task

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Manaora Saturday, 28 December 2024 10:06 PM

Outcome of this policy is very clear. Only low quality products will remain in the market. In fact, these maximum prices are beneficial for low quality products since they often offer much lower that the set prices to retail outlets. Now, low quality producers can run a monopoly since all the high quality products are out in the market. In Sri Lanka, low quality producers, not just foods even construction material suppliers, offer sizable margin to the retailors so that they could make sure that only their products are sold in those shops. Now, low quality producers are offered handsome prices while consumers buy low quality products by paying higher prices. This is the reality. Please understand the maximum prices per se does not work when you fail to assure quality. Once maximum prices are announced, most producers started producing low quality products. This happen even to eggs. Producers stop providing foods to hen, so that the size of the egg comes down.

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