No Hike in Indian Poultry Feed Prices Despite Raw Materials Rising04 April 2014
INDIA - Poultry feed prices stabilised this week despite input ingredients lifting.
Markets expert Aditya Mishra told Business Line that despite an uptrend in soyameal prices and a few other ingredients, rates of poultry-feed products were unchanged as traders are waiting for costs to stabilise.
Any major change in prices of key ingredients is unlikely and feed prices could continue to rule around current levels in the coming days, he said.
In the physical market, soyameal moved up by R's 2,000 to R's 40,000 a tonne, while bajra went up by R's 200 to R's 13,700 a quintal.
Di-calcium phosphate went up by R's 1.80 to R's 36.60 a kg, while maize improved by R's 70 to R's 1,530 a quintal. DRB improved by R's 50 to R's 8,800, rice bran oil ruled flat at R's 55 a kg, MBM went up by R's 2 at R's 44, while mustard de-oiled cake quoted at R's 15,300 a tonne.
Pre-lay mash sold at R's 1,100 for a 50-kg bag. “Layer concentrate 25 per cent” was at R's 1,520 for a 50-kg bag while “Layer concentrate 35 per cent” was at R's 1,200 for a 50-kg bag.
Broiler concentrate was quoted at R's 2,115 for a 50-kg bag.
ThePoultrySite News Desk