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* Sri Lanka to control egg prices for first time in history
Sat, Sep 18, 2010, 09:40 pm SL Time, ColomboPage News Desk, Sri Lanka.

Sept 18, Colombo: The Sri Lankan government is to introduce a price control for eggs for the first time in the history.

The Minister of Co-operatives and Internal Trade, Johnston Fernando revealed this at a meeting of an Association of the Poultry Producers of Sri Lanka. He said the price control will be conducted through the Consumer Services Authority.

The egg prices have gone up as much as three rupees per egg due to a shortage of eggs in the market as a result of a reduction in the production rate of egg laying hens.

Minister Fernando said that the price escalation of eggs in local market is an artificial phenomenon. The state-owned department store network Lak Sathosa will sell eggs to remedy the situation, he said.



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