Chicken feast to increase poultry products demand
INDIA - Egg price has tumbled from Rs 1.20 down to 90 paise on Friday. The National Egg Coordination Committee (NECC) slashed the rates at the price fixing meeting held at Namakkal.Broiler price also fell drastically from Rs 38 per kg to Rs 24 on Friday. NECC Zonal Chairman Selvaraj told this website’s newspaper that the decision to lower the price was taken in order to boost demand and not due to piling up of stocks.
“The movement of eggs and broilers remains nevertheless dull and we cannot say that there was no stock piling at all,” said Selvaraj. At the price fixing meeting on Monday, NECC maintained the price at Rs 1.20 despite the outbreak of the avian flu in Maharashtra. “But we cannot sustain the price any more,” he said.
Though Kerala government lifted the ban on entry of poultry products from Tamil Nadu on Tuesday, the movement is slow since the retail offtake has not picked up, said industry sources. The estimated piled up stocks is about 5 crore eggs.
Out of the two crore eggs produced daily, 60 lakh eggs go to Kerala and 35 lakh eggs are being exported to Middle East, Africa and Iran, 10 lakh eggs (per week) are supplied to the noon-meal scheme. (Eggs are sent to noon-meal centres from all districts). The remaining is sold in UP, MP, New Delhi and locally, sources said.
Source: NewIndPress
24 February 2006
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