Ministry of Internal Trade: There are no plans to remove the ceiling price of the 3-ply face mask | Malaysia



Nanta speaking to reporters after the price check. – Photo by Roystein Emmor / Borneo Post

KUCHING, September 5 – The Ministry of Internal Trade and Consumer Affairs (KPDNHEP) does not intend to remove the ceiling price for 3-ply face masks, currently set at 70 sen per piece.

His Minister Datuk Seri Alexander Nanta Linggi said that the face masks are sold from 20 sen per piece, which is the quality set, and it shows that the country has reached a stage where sellers can sell it a lot. cheaper than the ceiling price. .

“We are not worried about the price of the face mask. There is no case where people sell it above 70 sen per piece. So there is no problem.

“At KPDNHEP, we have not considered ending the price cap. Because we don’t know what will happen in the future. If demand increases, it can become a problem in terms of price and supply if the price cap is removed. So we’re keeping it at 70 sen (per piece), ”he said when encountered after checking the price of Covid-19 self-test kits at a pharmacy in Spring Shopping Mall today. ‘hui.

The retail ceiling price for 3-ply face masks has been reduced to 70 sen per piece from RM1, while the wholesale ceiling price for masks has also been reduced to 65 sen from the 95 sen effect prior to November 1, 2020.

The price ceiling is applied by the 2011 law on price control and the fight against profits.

KPDNHEP State Director Datuk Stanley Tan and Shine Pharmacy Managing Director Charles Liew were also present at the price check. – Borneo Post



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