BR100 Increased By (1.77%)
BR30 Increased By (1.96%)
KSE100 Increased By (1.59%)
KSE30 Increased By (1.65%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.51 Decreased By ▼ -1.71 (-2.79%)
BOP 34.61 Increased By ▲ 0.93 (2.76%)
CNERGY 8.08 No Change ▼ 0.00 (0%)
DCL 12.05 Increased By ▲ 0.41 (3.52%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.52 Decreased By ▼ -0.11 (-1.95%)
FFL 18.05 Increased By ▲ 0.04 (0.22%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.07 Increased By ▲ 0.03 (0.27%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
MLCF 90.52 Increased By ▲ 4.01 (4.64%)
NBP 190.17 Increased By ▲ 5.87 (3.19%)
PACE 11.53 Decreased By ▼ -0.12 (-1.03%)
PAEL 41.07 Increased By ▲ 1.11 (2.78%)
PIAHCLA 25.84 Increased By ▲ 0.17 (0.66%)
PIBTL 17.51 Increased By ▲ 0.24 (1.39%)
PPL 225.84 Increased By ▲ 3.17 (1.42%)
PRL 34.63 Increased By ▲ 0.17 (0.49%)
PTC 64.62 Increased By ▲ 0.88 (1.38%)
SEARL 91.38 Increased By ▲ 0.92 (1.02%)
SSGC 26.97 Increased By ▲ 0.30 (1.12%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.16 Increased By ▲ 0.69 (1.01%)
TPLP 10.90 Decreased By ▼ -0.30 (-2.68%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.78 Decreased By ▼ -0.81 (-1.15%)
WAVES 11.16 Increased By ▲ 0.05 (0.45%)
WTL 1.27 No Change ▼ 0.00 (0%)
Markets

Chicken prices surged ahead of Ramazan

Published July 16, 2012 Updated July 16, 2012 10:34am

   ISLAMABAD: Chicken prices noticed upward trend ahead of holy month of Ramadan and was sold at Rs 195-225 per Kg on Monday.

The prices of red meat are already very high and the people who depended on white meat have now left with no option but to cook vegetables and lentils.

A shopper at poultry shop said chicken was the only commodity which people could buy and afford because of its low price. But, now, he said, "We are unable to purchase chicken meat due to its high rates".

Aqeel, a resident of Shamsabad said he used to bring chicken meat thrice a week but now he cannot afford within limited income.

A wholesale dealer said poultry cartel is active behind poultry prices. They fix poultry rates on daily basis. "We are at their mercy and the district administration is paying no heed to this end," he added.

A shopkeeper at Aabpara Market said hundreds of thousands of chicken have died due to the rising temperature. As a result, the chicken supply has dropped, where as demand for white meat is already up because prices of red meat is high," he said.

Pakistan Poultry Association (PPA) attributed the steep rise in price of the commodity due to upsurge in its demand during fortnight.

High prices have resulted in less domestic consumption of the poultry meat as it had negative impact on the buying capacity of a common consumer.

Copyright APP (Associated Press of Pakistan), 2012

Comments

Comments are closed for this article.