The Consumer Affairs Authority (CAA) has issued the Extraordinary Gazette Notice for Maximum Wholesale and Retail Prices for white Sugar.
The paper, signed by the Chairmen of the CAA, Shantha Dissanayake, was released according to the powers conferred on him by Section 20(5) of the Consumer Affairs Authority Act, No 09 of 2003.
The maximum retail price of packaged white sugar was therefore announced as Rs 90.00 per kilogram.
The maximum retail price of 1 kg of white bulk sugar has been set at Rs 85.00.
In the meantime, the importer ‘s gross wholesale price for white sugar is now Rs 80.00 per kilogram.