Ridiculous Price Increases.....

deleted wrote:
government has no other option, because they messed up the whole economy.
now giving excuses milk price increase is to improve local productions..

what a joke, then why they increase gas prices??? improve local gas production??

No freind . we have to be reasonable. Gas price has gone up in the world market and Laugh and Litro Gas have made repeated requests to increase the price by around 900/-. But govt has allowed only 350/-

By Phoebe Sedgman on April 18, 2012

Whole-milk powder prices tumbled to their lowest level since 2009 on concern purchases from China, the world’s biggest buyer, may decline as favorable weather boosts global supply.

Powder for June delivery slumped 14 percent to $2,766 a metric ton, the lowest level since Aug. 4, 2009, according to the weighted-average price from Fonterra Cooperative Group Ltd., the world’s largest dairy exporter.

The drop, the ninth consecutive decline, was the most since August 2010, it said.

“There’s still ample supply out of New Zealand and there’s talk that Chinese buyers are out of the market,” said Michael Harvey, an analyst at Rabobank International.

“They’ve filled the quota from New Zealand quite quickly and have built up a short-term stockpile. There’s an expectation that they’ll be out of the market for a couple of months.”

Whole-milk powder plunged 22 percent this year as record prices in 2011 and good weather in most regions spurred production.

The New Zealand-China Free Trade Agreement allows the export of some New Zealand dairy products under preferential tariff rates to a certain level. Prices may continue to soften this quarter on surging global supplies, Fonterra Chief Executive Officer Theo Spierings said March 29.

China’s whole-milk powder imports climbed 45 percent in February and purchases of skim-milk powder were more than double the same level a year earlier, according to NZX Agrifax.

Milk output in the U.S., the largest producer, will rise 1.8 percent to a record 199.7 billion pounds (90.6 million tons) in 2012, the Department of Agriculture estimates. Fonterra’s milk collections this season are up 10 percent from the same period in 2011, the company said last month.

“There’s a lot of milk around short-term and it will have to flush through the system but at the end of the year, we think the market should have stabilized and possibly even see some kind of recovery,” Harvey said from Melbourne today. “Demand is pretty healthy in markets like the Middle East and Southeast Asia, so that’s going to support prices.”

Auckland-based Fonterra said yesterday it will invest in a blending and packing plant in Indonesia to meet a forecast 50 percent surge in dairy demand in the next eight years. The company will spend NZ$100 million ($82 million) on two more dairy farms in China to meet rising demand, it said April 12.

Whole-milk powder reached a record $4,958 a ton in March last year, buoyed by demand from Asia and supply concerns in New Zealand.

Milk futures traded on the Chicago Mercantile Exchange have slumped 14 percent this year after climbing 31 percent in 2011. That compares with a 5.4 percent gain in the Standard & Poor’s GSCI Spot Index this year.

Fonterra sells whole and skim-milk powder, dried-milk fat, cheese, and casein at its GlobalDairyTrade auctions. The company offers one-month contracts with delivery from two months after the sale, and two three-month contracts with delivery three and six months later.

1. What about buying some stock now?

Milk Powder increase is 25%. Considerable and huge.
Monthly requirement of Milk Powder for a family of 5 is about 4 KG.
If you can stock two months requirement you save about Rs.1,630/-, good saving for an average earner.
Not like Gas and Cement. Milk Powder is price marked. Old stocks are still available in outlets.

2. What about shifting to liquid milk. Price gap is negligible now. Good option for people with more than average income. Will provide better nutrients, will save foreign exchange, and will support local farmers

hariesha wrote:1. What about buying some stock now?

Milk Powder increase is 25%. Considerable and huge.
Monthly requirement of Milk Powder for a family of 5 is about 4 KG.
If you can stock two months requirement you save about Rs.1,630/-, good saving for an average earner.
Not like Gas and Cement. Milk Powder is price marked. Old stocks are still available in outlets.

2. What about shifting to liquid milk. Price gap is negligible now. Good option for people with more than average income. Will provide better nutrients, will save foreign exchange, and will support local farmers

I like your way of thinking. cheers.
We are share dealers and we have to look at this price increase from that angle. This price change would enhance the profits of Laugh and Lanka Milk Foods. So we could expect share price increase as well.So dont you think this would help those companies to perform better.Why are you worried?

Ha ha some people think Tsunami is an oppertunity to learn swiming.

They dont understand before they start learning swiming, they will die in the tide.

prudent people dont think that way, whether you lose money or not in CSE people have to maintain avarage inteligence.

hariesha wrote:1. What about buying some stock now?

Milk Powder increase is 25%. Considerable and huge.
Monthly requirement of Milk Powder for a family of 5 is about 4 KG.
If you can stock two months requirement you save about Rs.1,630/-, good saving for an average earner.
Not like Gas and Cement. Milk Powder is price marked. Old stocks are still available in outlets.

2. What about shifting to liquid milk. Price gap is negligible now. Good option for people with more than average income. Will provide better nutrients, will save foreign exchange, and will support local farmers

Why now ? Haven,t you been buying stocks for quite sometime. Your profits must be soaring right ? And don,t sell any of them just right now. Hang on there for a liiiittle longer and I can tell you, your kitty will burst with money. Just hang on come what may !

Well... I guess no point talk about this now.

Handling a war and handling finance is two completely different issues. Its too late to discuss about this.
Same as at CSE, many Sri Lankans failed to press the red button at the right time.

With our mammoth (mostly ineffective) government sector workforce and lose making government institutes, we wont be able to go far.

Increasing taxes and commodity prices is probably one of the very few remaining options they have.

Vptilak wrote:

rijayasooriya wrote:12.5kg Gas Cylinder:- By Rs350/=
400mg Milk Powder:- By Rs61/=
1kg Milk Powder:- By Rs163/=
50kg Cement:- By Rs70/=

I think this type of ridiculous price increases will put a fullstop to this government.

Source:-Adaderana sms

We shoudn't be hurry to say so. Cement and Gas prices are determined by the world market. Govt. can do very little on that. Milk powder is also same. Further govt. needs to protect local milk producer creating an environment to maintain a good price level for fresh milk. Ultimately when the farmer is well paid for their milk they will be good consumers/buyers for many products. That would enhance the business and improve the profitability of companies. So finaly this would be a win win situation.

protect local milk producers ......... This is Bullshit... Why suddenly... do you want people to believe these things..

It is bit ok if all the things absorb equally. But ordinary people will have to absorb all of these but none of these will absorb by politicians. They get all the things as allowances. That's of cause not their money. Vehicle permit, fuel allowance, telephone allowance, ........

Vptilak wrote:

rijayasooriya wrote:12.5kg Gas Cylinder:- By Rs350/=
400mg Milk Powder:- By Rs61/=
1kg Milk Powder:- By Rs163/=
50kg Cement:- By Rs70/=

I think this type of ridiculous price increases will put a fullstop to this government.

Source:-Adaderana sms

We shoudn't be hurry to say so. Cement and Gas prices are determined by the world market. Govt. can do very little on that. Milk powder is also same. Further govt. needs to protect local milk producer creating an environment to maintain a good price level for fresh milk. Ultimately when the farmer is well paid for their milk they will be good consumers/buyers for many products. That would enhance the business and improve the profitability of companies. So finaly this would be a win win situation.

Dont tell stories... if any thing increase simply say to protect local product or due world market price increase.. same story when the fuel increase also.. Please tell me any country recently increased the cement or gas price due world market price increase???. Same time as a next step why they cannot reduce the tax... to give some concession to the pepole. If they can reduce the corruption/unneassary wastage how much money can save.. Now war is over... no more hard expenses for the government ...

manula wrote:

Vptilak wrote:

rijayasooriya wrote:12.5kg Gas Cylinder:- By Rs350/=
400mg Milk Powder:- By Rs61/=
1kg Milk Powder:- By Rs163/=
50kg Cement:- By Rs70/=

I think this type of ridiculous price increases will put a fullstop to this government.

Source:-Adaderana sms

We shoudn't be hurry to say so. Cement and Gas prices are determined by the world market. Govt. can do very little on that. Milk powder is also same. Further govt. needs to protect local milk producer creating an environment to maintain a good price level for fresh milk. Ultimately when the farmer is well paid for their milk they will be good consumers/buyers for many products. That would enhance the business and improve the profitability of companies. So finaly this would be a win win situation.

Dont tell stories... if any thing increase simply say to protect local product or due world market price increase.. same story when the fuel increase also.. Please tell me any country recently increased the cement or gas price due world market price increase???. Same time as a next step why they cannot reduce the tax... to give some concession to the pepole. If they can reduce the corruption/unneassary wastage how much money can save.. Now war is over... no more hard expenses for the government ...

War was big business.
Arm deals brought big commission.
Now they are talking about income tax to be levied to all.
Near future may be they will employ tax on pleasure.
Pleasure Tax
The reason may be world rubber price gone up.
(You know what I mean)

Redbulls wrote:

manula wrote:

Vptilak wrote:

rijayasooriya wrote:12.5kg Gas Cylinder:- By Rs350/=
400mg Milk Powder:- By Rs61/=
1kg Milk Powder:- By Rs163/=
50kg Cement:- By Rs70/=

I think this type of ridiculous price increases will put a fullstop to this government.

Source:-Adaderana sms

We shoudn't be hurry to say so. Cement and Gas prices are determined by the world market. Govt. can do very little on that. Milk powder is also same. Further govt. needs to protect local milk producer creating an environment to maintain a good price level for fresh milk. Ultimately when the farmer is well paid for their milk they will be good consumers/buyers for many products. That would enhance the business and improve the profitability of companies. So finaly this would be a win win situation.

Dont tell stories... if any thing increase simply say to protect local product or due world market price increase.. same story when the fuel increase also.. Please tell me any country recently increased the cement or gas price due world market price increase???. Same time as a next step why they cannot reduce the tax... to give some concession to the pepole. If they can reduce the corruption/unneassary wastage how much money can save.. Now war is over... no more hard expenses for the government ...

War was big business.
Arm deals brought big commission.
Now they are talking about income tax to be levied to all.
Near future may be they will employ tax on pleasure.
Pleasure Tax
The reason may be world rubber price gone up.
(You know what I mean)

No wonder...If a Pet Tax (taxing your Dog/Cat) + Drainage Tax been calculated & added into your water bill in next few months...

MONDAY, 07 MAY 2012 01:35
U*N*P Deputy Leader Sajith Premadasa yesterday said the time had come for the people to decide whether they were going for a regime change or further tolerating the cost of living shocks that are being continuously aimed at them.

“The people should decide soon as it is clear that the present government does not want to mend its ways and the poorest of the poor would have to suffer more in the future, as a result of this non flexibility,” Mr. Premadasa said .

Mr. Premadasa questioned as to why the poor were deprived of benefits if the economic development which the government was talking about was a reality.

He said it was a fact that that a government in any country earned a revenue through a rational tax structure. However Mr. Premadasa said the situation in Sri Lanka was different as there was no transparency in the tax structure which is irrational.

“The government is handling the economy in a notorious way and is making a mess of it,” he said.

Mr. Premadasa also said the government had pushed the people to a point making them think that dying was a better option than living since day to day survival had become more and more difficult with the sky rocketing cost of living.

The deleted Deputy Leader said the government had sent the people to the fire from the frying pan at this holy period of Vesak where the famous quote ‘May all beings be happy and healthy’ is frequently heard. (Yohan Perera)
http://dailymirror.lk/news/18428-govt-handling-economy-in-notorious-manner-sajith.html

u guys kidding,still there is bunch of idiots to vote for same people next time

bcoz.....OUR IDIOTS FORGET PAST SOOOOO QUICKLY