Poultry Product Prices up on Rising Demand20 January 2014
INDIA - A sudden increase in demand pushed prices of poultry products up on Saturday. Broiler went up by Rs 20 and was at Rs 105-108 a kg, egg improved by 16 paise to Rs 3.90, while chick sold at Rs 30, up Rs 3.
On the other hand, steady production costs will keep prices of poultry-feed products unchanged in the coming days, market experts said. Prices ruled stable this week.
Aditya Mishra, a commodity expert, told The Hindu Business Line that there has been too much volatility in prices of key ingredients in recent past. Earlier, concentrate feed prices were expected to fall but the recent recovery in soyameal has kept the prices unchanged.
In the physical market, soyameal improved by Rs 700 to Rs 33,600 a tonne, while bajra went up by Rs 400 to Rs 13,400 a quintal.
Di-calcium phosphate was at Rs 34.70 a kg while maize eased by Rs 10 to Rs 1,450 a quintal. DRB went up by Rs 400 to Rs 7,900, rice bran oil was at Rs 53 a kg, MBM was at Rs 38, while mustard de-oiled cake increased by Rs 300 to Rs 14,500 a tonne.
Pre-lay mash sold at Rs 1,010 for a 50-kg bag. Layer concentrate 25 per cent was at Rs 1,450 for a 50-kg bag while Layer concentrate 35 per cent sold at Rs 1,135 for a 50-kg bag.
Broiler concentrate quoted at Rs 2,010 for a 50-kg bag while broiler starter mash sold at Rs 1,550 for a 50-kg bag.ThePoultrySite News Desk