News

STO imports lemons to reduce the price of lemons

The State Trading Organization (STO) has launched an initiative to import lemons and offer them at reduced prices, especially catering to the Holy month of Ramadan. The purpose of this initiative is to provide customers with more affordable prices, considering the significantly high current prices of lemons in the local market.

STO plans to make these lemons available through STO People's Choice, STO Wholesale Center, and STO Industrial Village. The pricing details include 1 kilo of lemons for USD 3.24, and a sack of 25 kilos for USD 76.10.

Additionally, STO has recently lowered the prices of onions. Previously priced at USD 1.28 per kg, onions are now available at USD 1.09 per kg, reflecting STO's commitment to providing cost-effective options for consumers. Furthermore, the price of a sack of onions, originally USD 28.80, has been decreased to USD 20.48. STO imports onions from India, an annual initiative that also includes shipments of potatoes and eggs.

STO's pricing adjustments aim to alleviate the impact of increased demand on prices in Maldivian shops and markets.