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Imported milk powder price to be reduced by April: Importers
The Milk Powder Importers’ Association has decided to reduce the price of imported milk powder with effect from April 1, the association's spokesperson Ashoka Bandara said.
He told the Daily Mirror that the decision was taken due to the decrease in prices on the world market.
Accordingly, the price of a 1 kg packet of imported milk powder would be reduced by Rs. 200, and the price of a 400g packet would be reduced by Rs. 80.
Accordingly, the price of a 1 kg packet of imported milk powder would be Rs. 2,895. Earlier, it was at Rs. 3,095.
The 400-gram packet, which was priced at Rs. 1,240, will be reduced by Rs. 80, and the new selling price will be Rs. 1,160, Mr Bandara said.
“If we receive concessions at the milk powder auctions, we will pass that savings on to our customers,” Mr Bandara added. (Chaturanga Pradeep Samarawickrama)
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