website hit counter
Wednesday, March 19, 2025
Wednesday, March 19, 2025

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.

Latest articles

Breaking: Supreme Court Dismisses Mahinda Rajapaksa’s Petition on Security Reduction

The Supreme Court has dismissed without hearing the fundamental rights (FR) petition filed by...

Sri Lanka’s Economy Grows by 5.0% in 2024, Rebounding from Crisis

Sri Lanka's economy grew by 5.0% in 2024 despite concerns that elections could further...

Honduras plane crash kills 12, including Garifuna musician Aurelio Martinez Suazo

A small commercial plane crashed off the coast of Honduras, killing 12 people, including...

China says military drills near Taiwan punish ‘separatism’

Taiwan hit back by calling China a troublemaker after Chinese President Lai Ching-tei said...

More like this

Breaking: Supreme Court Dismisses Mahinda Rajapaksa’s Petition on Security Reduction

The Supreme Court has dismissed without hearing the fundamental rights (FR) petition filed by...

Sri Lanka’s Economy Grows by 5.0% in 2024, Rebounding from Crisis

Sri Lanka's economy grew by 5.0% in 2024 despite concerns that elections could further...

Speaker Cracks Down on MP Archchuna’s Derogatory Comments, Suspends Live Parliament Coverage

The live broadcast of MP Ramanathan Archchuna’s parliamentary statements will be suspended for eight...