Fiji Time: 1:05 PM on Sunday 26 February

Fiji Times Logo

/ Front page / News

Drop in powdered milk price

Geraldine Panapasa
Thursday, June 12, 2014

CONSUMERS can expect a decrease in the price of 450grams of Rewa Full Cream milk powder by 4.81 per cent after the Fiji Commerce Commission announced the price reduction in Suva yesterday.

Commission chairman Dr Mahendra Reddy said the development followed a submission from Fiji Dairy Limited and was attributed to a decline in imported prices.

"The price review sees a reduction in the price from $7.25 to $6.90 for urban centres on Viti Levu, depicting a price decrease of 35 cents per packet," he said of the new prices, which came into effect yesterday.

"The new price for urban centres in Vanua Levu is $7.02, depicting a reduction of 34 cents per packet."

He said the commission was positive that Fijian consumers of powdered milk would enjoy further reduction in retail prices in the coming months with a reduction in international prices.

On February 13 this year, the commission announced amended prices under the Commerce (Price Control) (Percentage Control of Prices for Food Items) Order 2012 for the 450g Rewa Full Cream milk powder.

This included $7.25 for urban centres and $7.32 for rural areas on Viti Levu, and $7.36 for urban centres and $7.43 for rural areas on Vanua Levu.

This was amended to reflect decreases across the board where the maximum retail prices for the 450g product in rural areas on Viti Levu has been set at $6.97, rural areas on Vanua Levu has been set at $7.09.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.64440.6254
JPY 55.991852.9918
GBP 0.39020.3822
EUR 0.46380.4518
NZD 0.68630.6533
AUD 0.63990.6149
USD 0.49320.4762

from

$0.00

Exchange Rate updated on 24th February, 2017

Today's Most Read Stories

  1. Voter trend
  2. Angry passengers disembark from smoke-filled bus
  3. Yuen: Change diets and maintain a healthy lifestyle
  4. Tears of joy, relief
  5. Beware, warns LTA
  6. FRA assures road users
  7. Husbands' support vital, says Vuniwaqa
  8. Best gift, says Khan as fire station opens
  9. 143 cases of dengue
  10. A renewed hope

Top Stories this Week

  1. School girl, 14, dies Saturday (25 Feb)
  2. Family given son's post mortem exam results Monday (20 Feb)
  3. 2 dead in 48 hours Wednesday (22 Feb)
  4. Qoro resigns as exchange boss Tuesday (21 Feb)
  5. $95,000 payout Monday (20 Feb)
  6. $30,000 richer Thursday (23 Feb)
  7. Day of fate Monday (20 Feb)
  8. Locally owned health centre begins operation Friday (24 Feb)
  9. Nightmare continues for elderly woman Monday (20 Feb)
  10. Bravery medal for boy, 6 Saturday (25 Feb)