Poultry prices likely to rise in Tamil Nadu

INDIA - Poultry producers in the state are likely to hike the prices of eggs and broiler this week, expecting a short-run demand perch.

Buoyed by the increase in demand and exports for eggs, despite a low production, Namakkal-based zonal committee of the National Egg Coordination Committee (NECC) has hiked the egg prices by five paise to Rs 1.45 a piece, from last week’s Rs 1.40. The price is expected to touch Rs 1.50 by this week-end.

The recent increase in vegetable prices in Tamil Nadu, shortage of fish in the neighbouring state of Kerala, the onset of winter and increase in the consumption of eggs are the reasons for the price hike in eggs, according to V S Balasubramaniam, deputy manager, NECC, Namakkal zone.

“Because of the rains, the production in this zone has registered a 10 per cent decline from 1.86 crore eggs per day. On the export front, however, the figures remain the same – 30 lakh eggs per day,” he added.

Similarly, the state Broiler Coordination Committee (BCC) is also planning to revise the chicken prices soon.

Source: Business Standard

3 December 2005