AIRLINK 196.20 Increased By ▲ 4.36 (2.27%)
BOP 10.16 Increased By ▲ 0.29 (2.94%)
CNERGY 7.92 Increased By ▲ 0.25 (3.26%)
FCCL 38.30 Increased By ▲ 0.44 (1.16%)
FFL 15.90 Increased By ▲ 0.14 (0.89%)
FLYNG 25.44 Increased By ▲ 0.13 (0.51%)
HUBC 130.65 Increased By ▲ 0.48 (0.37%)
HUMNL 13.79 Increased By ▲ 0.20 (1.47%)
KEL 4.66 Decreased By ▼ -0.01 (-0.21%)
KOSM 6.38 Increased By ▲ 0.17 (2.74%)
MLCF 44.95 Increased By ▲ 0.66 (1.49%)
OGDC 209.79 Increased By ▲ 2.92 (1.41%)
PACE 6.68 Increased By ▲ 0.12 (1.83%)
PAEL 41.05 Increased By ▲ 0.50 (1.23%)
PIAHCLA 17.75 Increased By ▲ 0.16 (0.91%)
PIBTL 8.13 Increased By ▲ 0.06 (0.74%)
POWER 9.38 Increased By ▲ 0.14 (1.52%)
PPL 180.99 Increased By ▲ 2.43 (1.36%)
PRL 40.00 Increased By ▲ 0.92 (2.35%)
PTC 24.41 Increased By ▲ 0.27 (1.12%)
SEARL 111.75 Increased By ▲ 3.90 (3.62%)
SILK 0.99 Increased By ▲ 0.02 (2.06%)
SSGC 38.17 Decreased By ▼ -0.94 (-2.4%)
SYM 19.22 Increased By ▲ 0.10 (0.52%)
TELE 8.75 Increased By ▲ 0.15 (1.74%)
TPLP 12.10 Decreased By ▼ -0.27 (-2.18%)
TRG 66.00 Decreased By ▼ -0.01 (-0.02%)
WAVESAPP 12.29 Decreased By ▼ -0.49 (-3.83%)
WTL 1.69 Decreased By ▼ -0.01 (-0.59%)
YOUW 3.99 Increased By ▲ 0.04 (1.01%)
BR100 12,090 Increased By 159.6 (1.34%)
BR30 35,982 Increased By 322.6 (0.9%)
KSE100 114,866 Increased By 1659.2 (1.47%)
KSE30 36,099 Increased By 534 (1.5%)

Pakistan Poultry Association (PPA) Chairman Chaudhry Muhammad Ashraf on Friday raised concerns that the rates of chicken, an essential dietary item, could increase to Rs1,000 per kilogramme in the coming days due to feed shortage.

The current rate of broiler chicken is hovering in the range of Rs500-600 per kg in Karachi.

Talking to Aaj News, Ashraf said around a dozen containers carrying 0.75 million tons of soybean and canola are also stuck at the port.

He said that despite payments, the containers are not being released over "technical issues from the government".

First-ever cartel case: SC allows PPA’s appeal, reduces penalty to Rs25m

“In the poultry industry, we can stock supply for 15 days or a month. This has been consumed. We do not have soybean available anymore,” said the official.

“If the two items are not available, this creates problems for feed makers who have already told the farmers that they do not have the product available,” he said.

Chaudhry said that the current spike in chicken prices was driven by a decline in feed supply. “However, in the coming days one would see a massive shortage of chicken in the market, and the rates could spike up to Rs1,000 per kg in the ongoing month,” he said.

On Thursday, PPA decided to launch a protest demonstration to press the government to resolve the issue of import of soybean. The association said that the non-clearance of these vessels is resulting in increase in poultry meat prices besides creating apprehensions of total closure of poultry farms in future.

Comments

Comments are closed.

bonce richard Jan 07, 2023 01:21am
Our honorable all politicians are enjoying in Switzerland. They do not care about the rate of poultry they only look at their own interest. If our army was honest this never happen.
thumb_up Recommended (0)
Ashfaq Sharif Jan 13, 2023 11:26am
greedy CHICKEN TRADERS mafia enjoys double profit from people and force citizen to buy expensive chicken. If concerned authorities timely control prices of chicken than traders can't enjoy profit according to their wishes
thumb_up Recommended (0)