HomeNewsSalt 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

Justice Minister Meets Families of Missing Persons in Kilinochchi

Around 11,000 complaints concerning missing persons remain to be investigated, Justice and National Integration...

Chandana Guniyangoda Assumes Duties as the New Chairman of People’s Bank

Chandana Guniyangoda assumed duties as the new Chairman of People’s Bank on 25 August...

Kehelbaddara Padme’s Phones Reveal Contacts with 13 Prison Officers, 7 Actresses and Models, 9 Politicians

Alleged drug trafficker Mandinu Padmasiri Perera, alias “Kehelbaddara Padme,” who was arrested in Indonesia...

What the AG Told Court About Suresh Sallay’s Allegations

The Attorney General yesterday (25) informed the Court of Appeal that former State Intelligence...

More like this

Justice Minister Meets Families of Missing Persons in Kilinochchi

Around 11,000 complaints concerning missing persons remain to be investigated, Justice and National Integration...

Kehelbaddara Padme’s Phones Reveal Contacts with 13 Prison Officers, 7 Actresses and Models, 9 Politicians

Alleged drug trafficker Mandinu Padmasiri Perera, alias “Kehelbaddara Padme,” who was arrested in Indonesia...

What the AG Told Court About Suresh Sallay’s Allegations

The Attorney General yesterday (25) informed the Court of Appeal that former State Intelligence...