Poultry sector: Prices to normalise soon

Price of live chicken in the retail market has reached Rs170 per kilo in the twin cities of Islamabad and Rawalpindi.


APP June 27, 2015
The farmers will get back to the industry, production would increase and the gap demand-supply gap would reduce. PHOTO: REUTERS

ISLAMABAD:


The recent price hike in poultry products was temporary and due to less supply and more demand, said Pakistan Poultry Association (PPA) Chairman Hassan Sarosh.


“The recent heat wave in Sindh caused the killing of a huge chunk of the poultry chicken, which created the demand-supply problem,” he said.

He added that the weather was expected to get better in coming days. The farmers will get back to the industry, production would increase and the gap demand-supply gap would reduce.

It is pertinent to mention that the price of live chicken in the retail market has reached Rs170 per kilo in the twin cities of Islamabad and Rawalpindi.

On the occasion, PPA Secretary General Bashir Mahmood said, “Current energy crisis in the country had also contributed to low production and the added increase in poultry feed and medicine prices in the last couple of years have affected the chicken rates.”

Published in The Express Tribune, June 27th, 2015.

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