Poultry Feed Seen Ruling Flat on Steady Inputs

by 5m Editor
24 October 2013, at 6:28am

INDIA - Poultry feed prices may continue to rule flat for the next few days too as input costs rule steady, according to trade experts.

A marginal fluctuation in input prices kept poultry-feed prices unchanged on Wednesday.

Aditya Mishra, a commodity expert, told The Hindu Business Line that steady demand and input cost kept feed products unchanged and prices may continue to rule around current levels over the next few days.

A steady trend has prevailed in the market following a range bound trend in the key ingredients of poultry feed, he said.

Except maize and bajra, all other ingredients were unchanged.

In the physical market, soyameal ruled unchanged at Rs 32,800 a tonne, while bajra improved by Rs 200 to Rs 12,200 a quintal.

Di-calcium phosphate sold at Rs 34.60 a kg, MBM sold at Rs 30 a kg while maize dropped by Rs 10 and went for Rs 1,460 a quintal. Rice bran oil ruled at Rs 59 a kg, while mustard de-oiled cake ruled flat at Rs 14,500 a tonne.

Broiler concentrate quoted at Rs 1,960 for a 50-kg bag while Broiler Starter Mash sold at Rs 1,500. Pre-lay mash sold at Rs 1,025. Layer concentrate 25 per cent was sold at Rs 1,465 while Layer concentrate 35 per cent was at Rs 1,150.

Meanwhile, a mixed trend was witnessed in the poultry products market on Wednesday. Broiler improved by Re 1 and quoted at Rs 57 a kg, egg went up by 14 paise and was at Rs 3.44, while chick went for Rs 18, Rs 3 down.