Poultry Feed Seen Ruling Flat19 November 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 Friday.
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 likely to improve and the market may continue to rule around current levels for the next few days, he said.
In the physical market, soyameal dropped by Rs 800 to Rs 35,000 a tonne, while bajra remained unchanged at Rs 12,600 a quintal.
Di-calcium phosphate eased by 80 paise to Rs 34 a kg, MBM moved down by 50 paise and sold at Rs 31 a kg while maize went down by Rs 30 and went for Rs 1,490 a quintal. Rice bran oil was at Rs 60 a kg, DRB improved by Rs 200 and sold at Rs 8,500, while mustard de-oiled cake was unchanged at Rs 15,000 a tonne.
After witnessing a price rise earlier this week, feed products remained unchanged on Friday.
Broiler concentrate quoted at Rs 2,010 while Broiler Starter Mash sold at Rs 1,550 for a 50 kg bag.
Pre-lay mash sold at Rs 1,040 . Layer concentrate 25 per cent was at Rs 1,480 while Layer concentrate 35 per cent sold at Rs 1,165.
Meanwhile, a mixed trend was witnessed in the poultry products market on Friday. Broiler dropped by Rs 8 and quoted at Rs 62 a kg, egg was up 10 paise and quoted at Rs 4, while chick went for Rs 24, unchanged.ThePoultrySite News Desk