Categories: Headlines

LNP – Coconut oil to be sold at control price of Rs 450 per bottle – Bandula

Necessary steps have been taken to provide a bottle of quality, local coconut oil at a control price of Rs. 450, said Minister of Trade Bandula Gunawardena.

He mentioned this speaking at a media briefing held today (April 12).

The Minister further said, “No matter what changes take place, a bottle of locally produced pure coconut oil, suitable for human consumption, will be sold for Rs. 450 through Sathosa and Cooperatives, until the end of this year.

We can come to such an agreement. Then there will be no price increase of coconut oil until the end of this year. We will enter into an agreement with the All Ceylon Traditional Coconut Oil Manufacturers Association to supply coconut oil at a price of Rs 450 without any shortage.”

Meanwhile, Sri Lanka Customs today re-exported 105 metric tons of imported unrefined coconut oil to Malaysia, which were found to contain carcinogens.

It was recently revealed that stocks of unrefined coconut oil imported by 03 companies – Ali Brothers, Edirisinghe Edible Oil, and Katana Refineries – contained the carcinogen Aflatoxin. It was confirmed through a second test that the relevant coconut oil stocks contain high levels of Aflatoxin.

Thereby, the Sri Lanka Customs ordered the relevant companies to re-export their coconut oil stocks.

AddThis Website Tools
Tyronne Jayamanne

Recent Posts

LNP – AliExpress halts low-cost shipping to Sri Lanka amid tax reforms

LNP – AliExpress halts low-cost shipping to Sri Lanka amid tax reforms

AliExpress has officially suspended several of its budget shipping options to Sri Lanka and Pakistan…

11 hours ago
LNP – 124 unauthorised structures in Sigiriya to be removed: Minister

LNP – 124 unauthorised structures in Sigiriya to be removed: Minister

Buddhasasana, Religious and Cultural Affairs Minister Hiniduma Sunil Senevi revealed that 124 unauthorised structures have…

11 hours ago
LNP – Customs denies claims of new tax on online orders

LNP – Customs denies claims of new tax on online orders

Sri Lanka Customs has firmly rejected claims circulating on social media regarding the introduction of…

11 hours ago

LNP – Ex-Minister Mervyn Silva and 2 others granted bail

Former Minister Mervyn Silva and two others were granted bail today (03) by the Gampaha…

11 hours ago

LNP – Education Minister calls for urgent measures to end ragging and violence in universities

Education Minister Dr. Harini Amarasuriya has called for the formulation of comprehensive recommendations and measures…

16 hours ago

LNP – Human-Elephant Conflict claims over 250 lives in six months

The ongoing human-elephant conflict in Sri Lanka has claimed the lives of 261 individuals both…

16 hours ago