Poultry prices go up by 30pc
The prices of poultry items have increased by 30 per cent in the twin cities of Islamabad and Rawalpindi during the last six months, which has created huge volatility in the market.
According to a market survey conducted on Wednesday, during the last six in the twin cities, a 30 per cent increase was witnessed in the price of chicken in the last six months, while as same as 33 per cent increase in the price of poultry eggs in the same period.
According to the survey, the price of live chicken in the twin cities was between Rs420 and Rs440 per kg from the last week of January. Similarly, chicken meat is sold at Rs680 to Rs700 per kg in the market of both cities. During this time, it was also found that poultry eggs used to be sold at Rs390 to Rs405 per dozen in the market of both cities.
Read Public outcry over soaring poultry prices
Meanwhile, Pakistan Poultry Association (PPA) Chairman, Chaudhry Muhammad Ashraf, said the increase in the current prices of poultry is due to demand and supply issues. He said that the increase in poultry business inputs and cost of doing business was seen across the country due to which the market was in crisis.
He said many people in the business were affected by the current crisis and especially small businesses were closed, adding the poultry business in the four provinces was suffering from the current economic crisis.
Published in The Express Tribune, January 11th, 2024.