Egg traders prompt govt to implement pricing formula

INSUBCONTINENT EXCLUSIVE:
The All Ceylon Egg Tradersâ $ Association has contacted the government to present a rates formula to stabilize the rate of eggs in the
market. The Secretary of the association Anura Marasinghe mentioned that it costs less than Rs
25 to produce an egg, making it possible to offer them at a price of Rs
35 per egg.â $ The concern of escalating egg prices remains unresolved, with present market rates varying from Rs
40 to Rs
45 per egg
We advise the government to designate a committee and establish a transparent pricing formula, â $ Mr
Marasinghe said. He further noted that the actual production cost of an egg is in between Rs
20 and Rs
23, while farm-gate costs presently stand at around Rs
30
 The association believes a rates mechanism would benefit both manufacturers and consumers, ensuring reasonable rates throughout the
board.