Finance HomeNational
Egg prices shot up 20 pc on winter demand
Tuesday, November 27, 2007 16:13 [IST]

New Delhi: Egg prices have shot up by 20 per cent in Delhi in last two months as winter advances leading to increasing demand.

The farm gate price (what poultry farmers get) of egg has gone up to Rs 204 per 100 pieces today from Rs 170 level on October 1, traders said.
However, there was a marginal fall compared to Rs 208 per 100 eggs yesterday. The rate touched the season's highest of Rs 212 on November 12 and continued at that level for five days before it started falling on arrival pressure.

In the retail, eggs are being sold at Rs 30 a dozen as compared to Rs 24 a dozen two weeks earlier. Traders said egg prices may surge to Rs 35 a dozen level in the next 1-2 months. Even poultry farmers expect a rise in prices.

During the winter season demand for eggs generally go up by 10-15 per cent leading to rise in prices, a wholesale trader said. National Egg Coordination Committee (NECC) northern region Chairman Harish Juneja termed the increase to rise in demand as well as the high cost of soyameal, an important poultry feed. Soyameal prices are up by over 75 per cent, he said.

Juneja said the farm gate price of eggs may touch Rs 225 level this winter. While maize contributes 60 per cent of the poultry feed, soya comprises 25 per cent of the total feed.

"While wholesale price of maize continues at around Rs 7.50 per kg compared to the rate in the year-ago period, soyameal prices have jumped to about Rs 15 a kg from Rs 8.50 a kg in the review period," a poultry feed manufacturer said.

Poultry sector accounts for the highest demand for maize at about seven million tonnes annually.


Source : PTI

 Post Your Feedback   
Name
Email ID
Comments
 Other Features
News today
Press Releases
Stock Research
Market Tools
Print this page
Mail this page
Archives

  
More Finance News
BSE to alter its transaction fee
Intel pays $1.25 bn to settle a...
Firefox celebrates five years
Google to buy AdMob for $750 mn
New norms of SEBI
Worst is over- Mahindra Satyam
Wanna know corporate secrets?
A doller story through doller's...
Indian trader bamboozles Aussie...
Indian economy will expand by March...
Now, what happned Sirjee?
India to wind-down fiscal stimulus:...
US,China joining hands: beware...
Nano used-car premiums fizzling out
RBI buys 200 metric tonnes gold...
Park to replace Hyundai chief
Wills Lifestyle to tweak...
US stock sin by almost 3pct.
Oil prices sink
Kingfisher Airlines posts loss of...
Wipro net profit up 19 percent in...

    WORTH A CLICK
  Sarees
Baby Clothes
Jewellery
Bluetooth Headsets
Health & Fitness