Crisil. “However, egg prices increased moderately by 4% on-year while the variation on-month is reported to be a 2% decline in January. Egg prices are typically regulated in the entire country by National Egg Coordination Committee and, hence, tend to show lower volatility," Sharma added.
Currently, at key centres of Bengaluru, Delhi, Kolkata and Mumbai, farm-gate egg prices are at ₹545-610 per 100 units as of Thursday, while farm-gate chicken prices are in the range of ₹90-106 per kg in Bengaluru, Delhi and Kolkata, according to industry officials. “As far as chicken rates are concerned, demand in a few regions gets hit because of the wedding season. Moreover, due to the extreme winter and foggy season, late-night outings to restaurants and hotels have been fewer.
Now the weather is improving, so demand is expected to improve," said Ricky Thaper, treasurer of Poultry Federation of India. “However, egg prices are unlikely to ease before March until fresh arrivals of maize hit the market." Queries sent to the animal husbandry and dairying ministry remained unanswered till press time. One reason behind rising egg prices is aggressive imports by Sri Lanka, industry sources said.
Last August, the country had decided to import 92 million eggs from India in three months, against 2 million in earlier years. In the four months since (till November), more than 155 million eggs have been exported to the island nation. It has also got approval to import another 18 million eggs from India, creating a demand-supply gap in the domestic market.
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