The Milk Powder Importers’ Association has announced a revision in the prices of imported milk powder, attributing the change to prevailing market conditions and fluctuations in exchange rates.
According to the announcement, the price of a 400g milk powder packet will increase by Rs. 50, while a 1kg packet will see an upward revision of Rs. 125.
The revised pricing structure will come into effect from today (20), the association confirmed.
However, the association clarified that imported milk powder currently available in the market will not be affected by the price increase. It further stated that new stocks reaching the market will be sold at the revised rates within the next week.
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