Print Edition - 2015-07-09 | MONEY
Chicken price up sharply as production declines
Jul 8, 2015-
Chicken prices in the Kathmandu Valley have been rising on reduced shipments from various parts of the country, jumping Rs100 per kg in the past month. The Nepali Chicken Sellers Association (NCSA), which fixes prices by studying demand and supply, hiked the rate to Rs350 per kg from Rs340 last week. The popular meat cost Rs250 per kg on June 7. The procurement price of live chicken has also risen to Rs250 per kg from Rs240 earlier.
NCSA Vice-President Shreeya Dhakal said that chicken supplies had dropped sharply due to a fall in production. “Supplies have dropped 30 percent over a month,” he said. He added that the April 25 earthquake and scorching heat in June had affected production badly.
“After the earthquake and aftershocks, many farmers couldn’t put their eggs into incubators to hatch chicks. So this has impacted chicken production,” said Dhakal.
According to the association, deliveries from major chicken producing areas like Chitwan, Nawalparasi, Hetauda, Bara, Parsa, Kavre, Ramechhap and Sindhupalchok have shrunk. “Today, we brought two truckloads of chickens from Gorkha. A few shipments are arriving from Pokhara as demand there has fallen with less tourists coming after the earthquake,” said Dhakal.
Traders expect prices to fall with the start of the Bol Bam festival from mid-July when consumption usually drops in the Tarai. Moreover, farmers said that production would swell during the monsoon.
Many retailers and wholesalers have been finding it difficult to procure poultry products. Shree Devi Meat Centre at Ratopool, which has its own poultry farm, is facing a shortage of chicken. “We are not getting supplies from other traders,” said Krishna Shahi, the proprietor.
Likewise, Hari Krishna Rawal, the owner of Valley Cold Store, said, “Demand from hotels and restaurants is not very high, but the supply is low as there has been a drop in both chicken and egg production due to high mortality.” According to traders, the mortality rate of chicken rises during the summer season.
Restaurateurs and the general public both have been affected by the rising prices of chicken. “The price rise has hit our profit margin significantly,” said Dukul Prasad Gaire, proprietor of Palpali Khaja Ghar at Tinkune.
Published: 09-07-2015 08:11