Tuesday Nov 19, 2024
Tuesday Nov 19, 2024
Saturday, 19 October 2024 01:46 - - {{hitsCtrl.values.hits}}
The All Ceylon Egg Traders’ Association has called on the Government to introduce a pricing formula to stabilise the price of eggs in the market, citing that the recurring price hike is impacting both consumers and the producers.
“The issue of escalating egg prices remains unresolved, with current market rates ranging from Rs. 40 to Rs. 45 per egg. Thus, we urge the Government to appoint a Committee and establish a transparent pricing formula,” All Ceylon Egg Traders Association Secretary Anura Marasinghe said.
He pointed that it costs less than Rs. 25 to produce an egg, making it feasible to sell them at a price of Rs. 35 per egg.
Marasinghe further noted that the actual production cost of an egg is between Rs. 20 and Rs. 23, while farm-gate prices currently stand at around Rs. 30.
The Association believes a pricing mechanism would benefit both producers and consumers, ensuring fair pricing across the board.
