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Tuesday, 21 January 2014 - 13:15
Powdered milk prices likely to increase at the end of this month
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Sources close to Cooperative and Internal Trade Ministry stated that the prices of powdered milk could increase at the end of this month.

The same sources also stated however that the prices of infant milk would not go up.

Five milk importers had sought permission from the Consumer Affairs Authority to increase milk prices due to the increase of milk prices in the world market in recent past.

The Consumer Affairs Authority found the previous sales data of Milgro Milk Company were incomplete, and the company submitted its new sales statistics to the authority yesterday.

Milk companies have asked a 250 rupees increase for a kilogram of powdered milk.

However a senior official of the Consumer Affairs Authority said that a final decision of price increase will be taken during a committee meeting to be held in the course of time.
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