Chicken prices in Kerala rise over supply crunch
Kottayam: Chicken prices in Kerala is sky rocketing following the fall in supply from Tamil Nadu and rise in demand. It is reported that chicken per kilo costs between Rs 136 and Rs 145 in different regions. It is learnt that chicken price has increased by Rs 51 to Rs 54 within two weeks.
Sources reveal that it is for the first time that chicken prices have gone up in the GST regime.
Two weeks back, chicken price was at Rs 87 per kilo. According to the merchants, fall in supply of poultry chicken is the major reason for price hike.
“There is a tremendous fall in the supply of poultry chicken to farms in Kerala from the last two weeks. Hence it also affected the production in the state,” said merchants.
It is reported that the supply from other states also lead to the chicken price hike.
Meanwhile, chicken prices fell to Rs 80 in April following the rise in production. It forced many small scale farmers to close down their poultry farms. Merchants point out this fact as one of the reason for the drop in supply.
Though the price is skyrocketing, chicken is in huge demand in the market. Merchants are confused to handle the situation as there is high demand during wedding season and during the month of Ramzan.
Though the government has announced a project to rear and supply chicken through Kudumbashree, no action has been taken yet. It is alleged that poultry farms in other states are controlling the prices even after government took action to regulate the prices.