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Colombo (News 1st); The Consumer Affairs Authority in Sri Lanka on Friday (25) imposed a maximum retail price for coconuts with immediate effect.
According to Extraordinary Gazette No.2194/73 the maximum retail price of a single coconut with a circumference of over 13 inches will be fixed at Rs. 70/-, with immediate effect.
Further, the maximum retail price of a single coconut with a circumference between 12 to 13 inches will be fixed at Rs. 65/- and a coconut with a circumference below 12 inches will be fixed at Rs. 60/-, said the CAA.
The Extraordinary Gazette noted no producer, distributor or trader shall sell, expose or offer for sale, or display for sale the item above the Maximum Retail Price.
Access Extraordinary Gazette - Maximum Retail Price on Coconuts