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Prices of Poultry Products Rise Marginally

by 5m Editor
9 December 2011, at 6:56am

TAMIL NADU, INDIA - Prices of poultry products that were on a downswing owing to seasonal uncertainties are now slowly inching up.

The National Egg Coordination Committee (NECC), Namakkal zone, which during the middle of the week had trimmed the price to Rs 2.84 a piece (Rs 2.89), yesterday increased the price to Rs 2.87.

The Hindu Business Line reports that eggs, that witnessed an increase in the start of November on the onset of winter, stayed flat at Rs 2.94 last month because of fears of buyers' resistance and slack offtake.

NECC's rates of layer birds (for birds of 1.3 kg), too, are up a tad at Rs 44 a kg (Rs 43). Meanwhile, the price of broiler chicken is on a slide and has been trimmed to Rs 40 a kg from last week's Rs 43. Namakkal and Palladam prices are the benchmarks for eggs and chicken in the country.

"This is a usual phenomenon and we will increase the prices slowly as the Sabarimala season is in its fag end and Christmas is fast approaching, when the demand for poultry products resumes," said an NECC spokesperson.