Indian Poultry Feed Prices to Hold Firm in Near Term14 October 2013
INDIA - Poultry feed prices are likely to rule flat in the near term as input costs hold steady, according to trade experts.
A marginal fluctuation in input prices kept poultry feed prices unchanged on Saturday.
Commodity expert Aditya Mishra told The Hindu Business Line that key ingredients have been ruling steady with marginal fluctuations, which have made no major impact on input costs.
The demand for feed products is also steady and the market may continue to rule around current levels for the next few days, he said.
In the physical market, soyameal witnessed some correction and dropped by Rs 100 to Rs 32,800 a tonne, while bajra dropped by Rs 300 to Rs 12,100 a quintal.
Di-calcium phosphate sold at Rs 34.60 a kg, MBM sold at Rs 30 a kg, while maize dropped by Rs 10 to Rs 1,470-1,500 a quintal. DRB went down by Rs 500 and sold at Rs 10,600 a quintal while rice bran oil was at Rs 59 a kg.
Mustard de-oiled cake remained unchanged and sold at Rs 14,700 a tonne.
Broiler concentrate quoted at Rs 1,960 for a 50-kg bag while Broiler starter mash sold at Rs 1,500 for a 50-kg bag.
Pre-lay mash sold at Rs 1,025 for a 50-kg bag. “Layer concentrate 25 per cent” sold at Rs 1,465 for a 50-kg bag while “Layer concentrate 35 per cent” was at Rs 1,150 for a 50-kg bag.
Meanwhile, positive trends held sway in the poultry products market on Saturday. Broiler improved by Rs 2 and quoted at Rs 68-70 a kg, Egg ruled unchanged and was at Rs 3.12, while Chick went up by Rs 2 and was at Rs 26.ThePoultrySite News Desk