Broiler chicken meat price on rise, touched Rs. 300 per kg
The skinless broiler chicken was priced at Rs. 300 per kg and normal chicken at Rs. 262 per kg. The price of boneless chicken was nearer to the price of mutton i.e. Rs. 600 per kg.
Hyderabad: The broiler chicken meat price touched Rs. 300 per kg due to multiple factors and a surge in demand because of festivals and the marriage season in the last two months.
The skinless broiler chicken was priced at Rs. 300 per kg and normal chicken at Rs. 262 per kg. The price of boneless chicken was nearer to the price of mutton i.e. Rs. 600 per kg.
The poultry farmers are attributing the hike to the abnormal jump in price of chicken feed; incidentally, many desisted from taking up poultry farming due to a steep fall in chicken price which fell to Rs. 80 per kg about five months back.
This had led to a virtual monopoly situation in the market. With this, the chicken price is controlled by the contract poultries. The price of country chicken bird (Desi Murgi) remained stable at Rs. 480 per kg.
The chicken shop owners said that they were receiving the bulk orders for supply of chicken in view of the marriage season and other functions. Hike of chicken prices had not impacted their business in any way.
Earlier, there were instances of chicken price skyrocketing to Rs. 360 per kg.