Hike in price of poultry products seen

by 5m Editor
31 January 2007, at 8:47am

UAE - Local traders expect a 10 to 15% rise in prices of poultry products due to a substantial increase in the rates of chicken feed and veterinary medicines in world markets, a report in a local Arabic daily said.

“The local market will respond to any increase in the prices of chicken feed and vet medicines in neighbouring countries although poultry product prices in Qatar had been modest and acceptable,” an official of the animal husbandry department said.

Dr Kassim al-Qahtani, director of the department said there was only one company in Qatar that produced poultry products.

“It imports chicken feed and vet medicines and also distributes to some smaller farms.”

Source: Gulf Times

5m Editor