Demand May Perk up Poultry Products02 January 2014
INDIA - With domestic demand rising, prices of poultry products may increase, while feed prices may continue to rule around current levels over the next few days, said trade experts.
Aditya Mishra, a commodity expert, told The Hindu Business Line that fresh buying in the market pushed poultry products up. Demand for feed and poultry products have improved and it may improve further in the coming days, he said.
To reap better margins, poultry farmers have been selling broilers after letting the broiler to become a little heavier, resulting in an increase in feed consumption, said trade sources.
Meanwhile, with the cost of production being steady, prices of feed products remained unchanged on Wednesday.
In the physical market, soyameal dropped by Rs 50 to Rs 34,150 a tonne, while bajra dropped by Rs 200 to Rs 13,400 a quintal.
Di-calcium phosphate moved up by 15 paise to Rs 34.75 a kg, while maize was unchanged at Rs 1,450 a quintal. DRB went dropped by Rs 100 to Rs 7,400; Rice bran oil was at Rs 55 a kg, while mustard de-oiled cake dropped by Rs 100 to Rs 14,700 a tonne.
Broiler concentrate quoted at Rs 2,010, while Broiler Starter Mash sold at Rs 1,550. Pre-lay mash sold at Rs 1,040. Layer concentrate 25 per cent was at Rs 1,480, while layer concentrate 35 per cent was sold at Rs 1,165 for a 50-kg bag.
A positive trend was witnessed in the poultry products market on Wednesday. Broiler went up by Rs 5 and was at Rs 90-95 a kg; egg improved by 14 paise and was at Rs 4, while chick went for Rs 25, unchanged.ThePoultrySite News Desk