Ceiling on wholesale prices


WHOLESALERS in Perak are required to abide by the ceiling price control now. 

State Domestic Trade and Consumer Affairs Ministry enforcement chief Abdul Hamid Abu Bakar said the directive, which takes effect during the Chinese New Year festive season from Feb 11 to Feb 28, was to curb profiteering at the wholesale level. 

“Previously, only retailers were required to abide by the ceiling price control but now we have decided to include wholesalers in view of the many complaints we received. 

“There is a tendency for wholesalers to increase the price for higher profit and this has resulted in retailers earning less,” he told reporters after attending a meeting with wholesalers in Ipoh recently. 

Abdul Hamid said with the inclusion of the wholesalers, the department now has two different ceiling prices for the 11 controlled items. 

Citing an example, he said the wholesale price of live chickens was at RM4 while the retail price was at RM4.50. 

“For a whole dressed chicken with feet and gizzard, consumers can get them at RM4.80 at wholesale and RM5.40 at retail price,” he said. 

Perak Consumer Affairs and Unity Com-mittee chairman Datuk G. Rajoo, who was also present said supply of essential items in the state was adequate for the two-week festive season. 

He also advised traders not to take advantage of the festive season as enforcement officers would be making regular rounds. 

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