Egg prices rise amid increasing demand in winter

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Egg prices rise amid increasing demand in winter

Egg prices surge : As winters are increasing, the worth of eggs can be increasing. Its prices have elevated by about 25 p.c in a single day in the markets of Kolkata. Now the worth of an egg has elevated from Rs 6.5 to Rs 8. Concerned officers say that the demand for eggs has elevated in winter and it’s also being exported to international locations like Bangladesh, resulting from which the worth has elevated.

These are additionally the explanations for enhance in the worth of eggs

However, the poultry trade says that the rationale for the rise in the worth of eggs isn’t primarily resulting from them being exported to Bangladesh as Bangladesh isn’t one in all India’s conventional export markets. West Bengal Poultry Federation has blamed the increasing demand for eggs in winter, rising value of poultry feed and exports to international locations like Bangladesh and Malaysia for the worth rise. These international locations are new markets for India from export viewpoint.

Order to ship 5 crore eggs

You might be shocked to know that in November and December, there was an order to ship about 5 crore eggs to those two international locations. Speaking to information company PTI, Federation General Secretary Madan Mohan Maiti mentioned, “Egg prices have elevated not solely in West Bengal however in the complete nation. This has occurred resulting from enhance in the price of poultry feed. There is not any disaster or scarcity of eggs in the nation.

“Its retail price should not exceed Rs 7.5 per piece as the wholesale rate is Rs 6.7 per piece,” he mentioned. He additionally blamed the rise in the worth of maize, which is used in poultry corporations to feed chickens. It is in the shape. From the yr 2021, its worth has elevated by 30 p.c from Rs 14 per kg to Rs 28 per kg.

There is demand for eggs from India in these international locations additionally

Regarding export, he mentioned that there was an order of 5 crore eggs from Malaysia and Bangladesh in November and December, however until now greater than 2 crore eggs haven’t been despatched. To hold the worth secure in the home market, the federal government of Bangladesh has turned to India for import of eggs. There is demand for Indian eggs not solely in Bangladesh however in many different international locations like Oman, Maldives, United Arab Emirates, Kuwait and Qatar.

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