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ThePoultrySite Latest News
Wednesday, October 03, 2007
Print This Page Price Of Chickens Goes Up By 50 Per Cent In Singapore
SINGAPORE - The price of chickens has risen by 20 to 50 per cent here since last week, caused by the wholesale price hike from Malaysia, among the factors, according to media reports.Singapore imports over 3.4 million live chickens from Malaysia each month, but the higher operating costs faced by farms, has driven chicken prices up.
According to the Berita Harian, the price or chickens at several markets here has risen by between S$1.50 and S$3 (S$1=RM2.27), depending on the size of the chickens, while the price of frozen chickens increased by between S$1 and S$2 per kg.
According to the Agri-Food and Veterinary Authority (AVA) Singapore, the higher poultry rearing costs was due to the increase in the price of chicken feed (corn bran) worldwide.
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Source: Bernama.com
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