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Flour prices further decreased

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The price of a kilogram of imported wheat flour has been reduced by Rs.25, the Essential Food Commodities Importers and Traders Association at Pettah said.

Accordingly, a kilogram of imported wheat flour which was Rs.290 will be sold for Rs.265. Wholesale prices of wheat flour were reduced last week as well.

However, All Ceylon Bakery Owners’ Association Chairman N. K. Jayawardene said it is difficult to lower the price of bakery products since the two main wheat flour production companies in the country have not taken steps to reduce the price of wheat flour.

He said the wholesale price of the two flour companies and the imported wheat flour should be reduced to Rs.250.

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