Milk powder prices up this week?
The Consumer Affairs Authority (CAA) is meeting milk powder importers on Thursday to re-consider a plea to raise milk prices by at least Rs 4.50 due to an appreciating dollar.

Milk powder importers applied for a price revision before provincial elections but the request was rejected.

A spokesman for Nestle said the upward movement of the dollar in addition to a rise in world market prices has compelled importers to seek a price revision. Along with Nestle six other milk powder importers have applied to raise prices.
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