A pricing formula will be implemented for Wheat flour in the near future, State Minister for Industry and Commerce Buddhika Pathirana said.
Addressing the journalists at Temple Trees today (01 August), Pathirana said that the Government has already implemented a pricing formula for milk powder and will introduce a price formula for flour in the coming days.
“After implementing the pricing formula, the price fluctuations of milk powder and flour will be according to the world market prices. The fuel price formula looked gibberish for some people when it was first introduced but unlike that, these two price formulas will be presented in a way which is easy for anyone to understand,” the Minister said.
Pathirana further said that after the formulas are implemented, milk powder and flour supplying companies will not be able to increase the prices of milk powder and flour according to their wish.