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Lower the prices of baby milk powder
17 May 2017 (45 views)

According to this report, the price of baby milk powder has increased by 120% over the past ten years. Here are some measures taken to help families get lower prices for the milk powders.

Quote
To help offset rising prices, all five community development councils and the NTUC FairPrice Foundation banded together last month to fund a $1.5 million milk scheme, giving 7,500 low-income families vouchers to buy milk powder.

Supermarket chains FairPrice, Giant and Sheng Siong said that they stock a range of milk formula, including cheaper options.
Unquote


What else can be done?

Someone has suggested that NTUC Fairprice should launch their house brands. But they seemed to be reluctant to do so. Perhaps, there are too many varieties? Or are they making good profit from selling the expensive brands?

What about other retailers such as Sheng Siong or Giant? Would they be interested to introduce their house brands and bring down the prices by a lot. 

This report compared the prices in are more than double those in Australia and UK. This is unacceptable.

The government agency (AVA) or consumer association (CASE) should have the expertise to identify some of the "standard" baby milk powders that are suitable for babies and encourage some distributors to bring in the standard brands at competitive prices. They can form the benchmark for consumers to compare against the prices of the special formulas. 




 


Lower the prices of baby milk powder
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According to this report, the price of baby milk powder has increased by 120% over the past ten years. Here are some measures taken to help families get lower prices for the milk powders.

Quote
To help offset rising prices, all five community development councils and the NTUC FairPrice Foundation banded together last month to fund a $1.5 million milk scheme, giving 7,500 low-income families vouchers to buy milk powder.

Supermarket chains FairPrice, Giant and Sheng Siong said that they stock a range of milk formula, including cheaper options.
Unquote


What else can be done?

Someone has suggested that NTUC Fairprice should launch their house brands. But they seemed to be reluctant to do so. Perhaps, there are too many varieties? Or are they making good profit from selling the expensive brands?

What about other retailers such as Sheng Siong or Giant? Would they be interested to introduce their house brands and bring down the prices by a lot. 

This report compared the prices in are more than double those in Australia and UK. This is unacceptable.

The government agency (AVA) or consumer association (CASE) should have the expertise to identify some of the "standard" baby milk powders that are suitable for babies and encourage some distributors to bring in the standard brands at competitive prices. They can form the benchmark for consumers to compare against the prices of the special formulas.