LAHORE – Amidst rising temperature, the poultry rates have now started to come down, registering a sharp decline in retail market owing to abundant supply as chicken meat is selling at Rs170 per kg against the last month rate of Rs220 per kg.
Talking about the egg rates, they said the eggs were available at Rs70 per dozen in wholesale market and at Rs72 per dozen at retail market. The egg prices are likely to fall further between June to July, they added.
Poultry market sources said that poultry industry had suffered huge losses during period between November last year to April this year due to spread of fatal disease of new castle. During the last six months the industry faced a total loss of Rs7 billion. The disease has now been controlled with the help of scientists of University of Veterinary and Animals Sciences (UVAS) who came up with a vaccine.
They said that after controlling disease, production has suddenly jumped up and rates have come down due to supply glut. The poultry rates depend on production and supply chain, they added. The retailers were charging different rates of chicken in city. Like suburb areas of city including Walled City, Samanabad, GT Road, Harbanspura, Wagha, Mughalpura and other areas live chicken bird was selling at Rs110 per kg and chicken meat was available at Rs170 per kg.
A retailer at Samanabad said that city government has fixed the live chicken bird rate Rs120 per kg and chicken meat rate Rs174 per kg. He said some traders were selling chicken at low rates however the bird size was also very small.
Pakistan Poultry Association former chairman Abdul Basit said that poultry farmers were selling the birds at cost-to-cost rates because there was sufficient chicken production available in country. He said in coming days the chicken prices would become stable.