Chicken Prices Skyrocket in West Bank

by 5m Editor
19 April 2013, at 8:36am

PALESTINIAN TERRITORY - The Palestinian National Authority (PNA) authorised on Thursday (18 April) Palestinian traders to import live chicken from Israel after the price of a single kilogram of chicken passed 22 Shekels in the West Bank markets, representing an increase of 37.5 per cent from the normal price of chickens which were 16 Shekels per kilogram. reports that the Palestinian Ministry of National Economy and Ministry of Agriculture have agreed to the importation during this market crisis.

The two ministries instructed traders to come up with medical and vet certificates, financial clearance letters and import permits and to start importing live chicken from Israel at the earliest. The two ministries said the target price in the West Bank markets is 18 Shekels and that they are hoping that the chicken price will drop shortly.

A senior official at the Ministry of Agriculture attributed the increase in the chicken price in the West Bank to an 80 per cent increase in the price of chicks which has jumped from an average of 2.5 Shekels to 4.5 Shekels.