CNI News
12 November 2024
Due to higher prices of chicken feed currently, the prices of eggs have become higher as well, according to chicken pens and wholesales centers.
Because chicken feed is imported, at present the prices of chicken feed have gone up in a big way; as chicken breeders make losses, some pens have suspended and there has been a demand for eggs. So, the prices of egg have risen, said chicken breeders.
Although the price of an egg is 500 kyats in the market, chicken pens get only 380 kyats per egg; although the price of egg was just 7,000 kyats per viss in the past, now has been 10,000 kyats, a businessman of egg chicken livestock from Htaukkyant Township, Yangon Region, U Tun Ngwe told CNI News.
" The prices of chicken feed have gone up inordinately. So, chicken breeders make a loss. Some of them can't operate their business any more. As the eggs have been scarce, the price goes up but a little. Chicken breeders don't even get 400 kyats per egg, but just 380 kyats. The current price of egg is 10,000 kyats per viss. A viss contains about 27 eggs. The price was just 7,000 kyats before or about one month ago. That price was not convenient for chicken breeders." he said.
While eggs were being lined up
The price was until 450 kyats per egg in the end of August and fell to 300 kyats in September. In that period, egg chicken breeders made a loss and at present, the price go up until 450 to 500 kyats.
Egg chicken breeders make a profit at the current price, Ko Min, an egg chicken livestock businessman told CNI News.
" At the current price, chicken breeders make a profit to an extent. Chickens need healthcare. They are different from other products. It's necessary to make a profit by 20 percent so that it can make up for the investment. Now that chicken breeders can sell an egg at 380 kyats, they make a profit a little." he said.
Because the price of chicken feed has gone up, it affects the customers and if the prices of chicken feed and raw materials can be reduced, the prices of egg would fall as well. So, departments concerned needed to carry out to make the prices fall, said chicken breeders and customers.