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Prices of poultry products increase by hundreds of rupees

Islamabad and Rawalpindi, two twin cities, have seen a price hike for poultry products of up to 30% during the past week

The price of chicken has increased by 40% during the past two months, while the cost of chicken eggs has increased by 30%.

Currently, live chicken is offered for sale in both cities for Rs. 415–420 per kg, whilst chicken meat is sold for Rs. 690–700 per kg. In both cities’ local markets, chicken eggs are sold for Rs. 282-290 per dozen.

Concerns over supply and demand as well as an increase in business expenses nationwide, according to Chaudhry Ashraf, Chairman of the Pakistan Poultry Association (PPA), may be to blame for the hike in poultry prices.

The current shortage of soybeans, a crucial component of chicken feed, is a major factor in the increase in poultry costs, according to Hamza Sarosh, a maker of poultry feed and Senior Vice President of the Rawalpindi Chamber of Commerce and Industry (RCCI). According to the former PPA Chairman Khalil Sattar, the importation of pricey ingredients for poultry feed has raised the cost of doing business in the sector.

Written by Aly Bukshi

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