Poultry: ‘Prices to come down in two weeks’

ISLAMABAD: The Pakistan Poultry Association (PPA) yesterday termed the current price hike ‘temporary’ due to supply shortage, adding that the prices would come down within two weeks. “The poultry rates have increased due to high demand and short supply as the farmers have reduced production, but the situation will improve in 10-15 days,” said PPA Chairman Dr Muhammad Aslam. He said that 30% of the poultry farms are closed due to farmers not receiving due prices of their products. Aslam said that due to the ban on the exports of poultry products the farmers were not enhancing their production with full capacity. According to a notice, chicken was available for Rs130 per kilogram at the poultry farms but due to inflated transportation costs, the prices shoot up to Rs165. “If government allows export of poultry products, the farmers would enhance their production thus reducing the poultry product rates, Aslam added.

Published in The Express Tribune, January 16^th, 2014.

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