Wheat flour increase puts Bakery Owners in a quandary

The All Ceylon Bakery Owners’ Association (ACBOA) yesterday said unless the Government takes measures to control the time to time price increase of wheat flour by importers, the countrywide bakery owners will keep away from manufacturing all flour based products from next week.

It is reported that one of the main wheat flour importers is planning to increase the price of a kilo of wheat flour by Rs. 40 with immediate effect.

ACBOA President N.K. Jayawardana in a letter to Prime Minister Ranil Wickremesinghe requested to focus attention towards this important issue and also  urged the two wheat flour importers, the Prima and Serendib companies to refrain from increasing the price considering the plight of a large number of less- privileged citizen, especially those who are in the plantation sector who entirely depend on wheat flour based products.

In the letter the ACBOA President has also mentioned that these two wheat flour importers are in the habit of increasing wheat flour prices very often and the last price increase between Rs. 35.00 to Rs. 40.00 was done on March 1. He said it is unfair to increase the price of wheat flour by Rs.40 again after a few weeks.

The price of a loaf of 450g bread will be increased by Rs.30 from today due to the increase of wheat flour price, All Ceylon Bakery Owners’ Association Chairman N. K. Jayawardana said.

The new price of a loaf of 450g bread will be Rs 170.

He said the prices of other bakery products would also be increased by Rs.10. The price of one kilogram of wheat flour was increased by Rs. 40 by the companies.

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