HomeNewsSalt Prices Rise Amid Import Costs

Salt Prices Rise Amid Import Costs

Salt Prices Rise Amid Import Costs

spot_img

The Lanka Salt Company in Hambantota has announced a price hike for salt, citing increased costs of imported supplies.

The price of a 400-gram packet of salt powder has risen by Rs. 20, from Rs. 100 to Rs. 120, while a one-kilogram packet of crystal salt now costs Rs. 180, up by Rs. 60. However, the company emphasised that this is a temporary adjustment.

Sri Lanka requires around 20,000 metric tons of salt annually, but adverse weather in late 2023 impacted local production. To bridge the gap, the government authorised the temporary importation of 12,000 metric tons of salt from India.

Despite this measure, the State Trading Corporation insists that salt imports are not a long-term solution. With local production at the Hambantota Salt Works set to resume in March, a stable domestic supply is expected.

spot_img

Latest articles

Western Province Governor Hanif Yusoof announces resignation

Western Province Governor Hanif Yusoof has announced his decision to step down from his...

IMF Board to decide on Sri Lanka review on 27 May

The International Monetary Fund (IMF) has scheduled 27 May 2026 for its Executive Board...

Vehicle import surcharge only for three months, not a ban: Deputy Minister

Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando yesterday clarified that the...

12 hospitalised after train derails near Wanawasala

A train travelling from Polgahawela to South Kalutara derailed between Wanawasala and Hunupitiya in...

More like this

Western Province Governor Hanif Yusoof announces resignation

Western Province Governor Hanif Yusoof has announced his decision to step down from his...

IMF Board to decide on Sri Lanka review on 27 May

The International Monetary Fund (IMF) has scheduled 27 May 2026 for its Executive Board...

Vehicle import surcharge only for three months, not a ban: Deputy Minister

Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando yesterday clarified that the...