COLOMBO : Following the lifting of the controlled prices on specified items, the Serendib Flour Mills (Pvt.) Ltd said that the price of wheat flour will be increased by Rs. 10 per kilogram with effect from Monday, Oct.11.
The price of Prima wheat flour is also expected to rise by the same amount.
Following repeated requests from the relevant companies and importers, the government last week decided to remove the price controls imposed on milk powder, LP Gas, wheat flour and cement.
As a result of this, milk powder importers decided to increase the prices of their products from Saturday (09) while the prices of LP Gas cylinders were also hiked from Sunday.
A decision on the increase of wheat flour prices and cement prices were expected to be taken today.
Cement companies say that the price of cement will be increased with effect from Monday Oct,11.
Accordingly, the price of a 50 Kg cement bag has been increased by Rs. 93. This will bring the new price of the 50 Kg cement bag to Rs. 1,098.
Following repeated requests from the relevant companies and importers, the government last week decided to remove the price controls imposed on milk powder, LP Gas, wheat flour and cement.
As a result of this, milk powder importers decided to increase the prices of their products from Saturday (09) while the prices of LP Gas cylinders were also hiked from yesterday.
