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Slack Demand Keeping Poultry Products Flat

by 5m Editor
25 November 2011, at 9:22am

TAMIL NADU, INDIA - Prices of poultry products remained almost flat this week owing to seasonal uncertainties and slack offtake.

The egg price, after increasing at the start of this month on the onset of winter, stayed flat at Rs 2.94 a piece due to fears of buyers' resistance and to perk up consumption, according to The Hindu Business Line.

Broiler chicken is on a sliding spree and its price has been trimmed to Rs 46 a kg from last week's Rs 48 on account of the Sabarimala season. Industry sources said broiler prices are likely to be pruned in the coming days because of the Sabarimala season in the South, a major consumer.

The National Egg Coordination Committee (NECC), too, has slashed the price of layer birds (for birds of 1.3 kg) to Rs 43 a kg (Rs 46). Namakkal and Palladam prices are the benchmarks for eggs and chicken in the country.

"This is an usual phenomenon and prices will not be hiked much till Christmas when the demand for poultry products resumes back," said an NECC spokesperson.