By Yakuta DawoodAmidst a shortage of milk powder in the local market, many vendors around the island have been selling milk powder packets/boxes they have in stock under odd conditions, such as mandatorily requiring the consumer to buy yoghurt with the milk powder packet/box, The Sunday Morning Business learns. The last time the price of imported milk powder was increased was in September 2019; this was done through the milk powder pricing formula that was implemented under the former Government. Similarly, local milk powder prices were also increased to the above prices in May 2020, following a request made to the CAA. Milk powder is considered an essential item in Sri Lanka, with price controls imposed by the Government. Right now, the price of 1 kg of milk powder (locally manufactured and imported) is priced at Rs.

Source: The Nation September 18, 2021 19:03 UTC