Many of Sri Lanka’s groceries were no longer selling liter boxes of fresh milk, amidst fears of a price increase.
Supermarket shelves were empty of the larger packet of fresh milk over the weekend and into Monday.
Only smaller packets and flavoured varieties were available.
Fresh milk 1-litre packs of brands like Ambewela and Kotmale generally retail around 470–550 rupees.
The state-owned Milco sells its Highland Full Cream Uht 900ml milk packet for 380 rupees.
A shortfall (or alleged hoarding) only leads to a higher market clearing price, leading to consumers adjusting consumption and moving to alternatives.
source: Economy Next
Sheron