The All Ceylon Bakery Owners Association (ACBOA) said the prices of ingredients that are used to manufacture bakery products such as buns, cakes etc should also be reduced, so that the prices of bakery products could be reduced in par with the price of bread that has already been reduced by Rs.10.
The ACBOA say, unless the prices of raw materials such as yeast, margarine, vegetable oil and related ingredients that are used to manufacture bakery products are reduced, there is no way of reducing the price of bakery products. Speaking to the Daily News, ACBOA President N.K. Jayawardana said that, although the value of the US$ has shown a significant drop, the prices of raw materials have not yet been reduced by the traders.
He said that, under a such situation, Bakery owners, especially small scale bakeries, are unable to reduce the prices of bakery products, although the price of a 450g loaf of bread has already been reduced by Rs. 10.00.
“In addition, the electricity tariff and the prices LP gas and firewood have also badly affected bakery owners,” he said.
Speaking on the price of eggs, Jayawardana said that, although poultry farm owners sell their products at reasonable prices, the middlemen, including traders, sell eggs according to their wishes.
He further said that, to prevent this, authorities should introduce a controlled price on eggs, and also chicken.
He also requested authorities to check the high prices of eggs sold at Supermarkets.
The ACBOA President further said that, what authorities should do at this stage is to reduce the prices of ingredients used to manufacture bakery products and sell them through State-owned ‘Sathosa’ and Cooperative outlets.
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