Palma importers have said that the price of Palma, which will be imported from next week, is likely to go up further as prices of essential commodities have skyrocketed.
It has been reported that the prices of Sri Lankan Rupee will increase in line with the depreciation and increase in the price of milk powder in the world market.
And some importers are facing difficulties due to the dollar crisis.
Palma prices peak! Final announcement released – Daily Ceylon
Following this, a decision will be taken on the price hike in connection with the new reserves coming to the country from next week.
The current price of a kilo of milk flour has been increased from 1,345 rupees to 1,945 rupees and the price of 400 grams of milk flour has been increased from 540 rupees to 800 rupees.