Thursday, June 30, 2011

Live chicken price increases on festive demand



The tight supply and the festival demand have encouraged the poultry farms to raise the farm-gate price of table eggs this week, while the wholesale price of live birds has been increased from last week’s level.

With the price trend for poultry products anticipated to go up in the next few weeks, the Namakkal-based zonal committee of the National Egg Coordination Committee (NECC) has raised the wholesale rate for table eggs on Tuesday to Rs 1.94 a piece as against last week’s Rs 1.90.

The Broiler Coordination Committee at Palladam has decided to increase the price tag to Rs 50 a kg from last week’s Rs 45 a kg.

“We are hopeful of the further price movement in view of the Diwali season when poultry consumption would gain further momentum,” an official in NECC told Business Line.

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