Egg Prices Thrive in Bangladesh Climate of Fear

by 5m Editor
8 July 2008, at 8:47am

BANGLADESH - Egg prices in Bangladesh have shot up to record-highs, but the current trend is bourne of bird flu fears and reflects the drastic slump seen in layer chicken farming.

According to the Daily Star, industry insiders see the 62 percent hike in the prices of the daily necessity as a 'record high'. The item was selling at Tk 26 a 'hali' (four pieces) in Dhaka's different kitchen markets yesterday.

A Daily Star correspondent reports from Chittagong that eggs are much dearer there as retailers charge customers Tk28 for four pieces.

“It's a very critical situation. The rate of layer chicken farming dropped over 50 percent in the last one year due to bird flu panic among farmers,” MA Saleque, programme head of Brac's agro and salt industry, told the news agency.

“The situation will deteriorate further if the present trend continues for the next six months,” he feared.

View the Daily Star story by clicking here.

5m Editor