CAA should have given at least one week notice before reducing egg prices | Sri Lanka News

The Consumer Affairs Authority (CAA) should have given at least a week to bring down the selling price of an egg in the market before issuing a gazette notification imposing a maximum retail price for eggs, the All Ceylon Egg Producers Association (ACEPA) said.

Its President, Sarath Rathnayake, stated that the association was in the process of selling an egg for Rs. 46 beginning Monday, while lowering the price of another egg by Rs. 3.

Issuing a gazette notification announcing the maximum retail price of an egg will incur a huge loss to the industry. Most of the producers and retailers have decided to get out of the business of producing and selling eggs.

“It is illegal to impose a gazette notification on a fast-rotting item immediately. The gazette will have no effect on middle- and large-scale egg producers and sellers, but it will have an impact on rural farmers,” Rathnayake said.

With the previous gazette notification, poultry farmers in rural areas used to sell their parent chickens for meat, and the remaining farmers will do the same, he said.

Therefore, the association requested that the CAA grant it the opportunity to sell the eggs it bought from the farms at their old prices.

A gazette notification was issued announcing the maximum retail price of an egg from yesterday. Accordingly, a white egg should be sold at Rs. 44, a brown egg should be sold at Rs. 46. (Chaturanga Pradeep Samarawickrama)

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