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Import Ban Pushes Up Retail Price Of Eggs

by 5m Editor
8 August 2007, at 10:44am

ABU DHABI - The price of eggs has gone up by 5 to 15 per cent in Dubai and the northern emirates, with major suppliers increasing wholesale rates.

Dubai confirmed that major egg suppliers have increased prices by more than 10 per cent.

Although suppliers cite the increase in cost of production as one of the reasons for the increase in price, industry officials said it has been prompted by the absence of Indian eggs.

The UAE imposed an import ban on Indian poultry products on July 30 as a precautionary measure against bird flu which was reported in Manipur.

No price increase has been reported in Abu Dhabi.

An official from Union Cooperative Society, Dubai confirmed that major egg suppliers have increased prices by more than 10 per cent. "But we have tried to restrict the increase in the retail price by five per cent only," he said.

Source: Gulfnews.com

5m Editor