Prices of poultry products in India may increase as domestic demand rises, while feed prices may continue to rule around current levels over the next few days.
Aditya Mishra, a commodity expert, said that fresh buying in the market pushed poultry products up. Demand for feed and poultry products have improved and it may improve further in the coming days, he said.
To be able to reap better margins, poultry farmers have been selling broilers after letting the broiler to become a little heavier, resulting in an increase in feed consumption, said trade sources.
Meanwhile, with the cost of production being steady, prices of feed products remained unchanged. In the physical market, soymeal dropped by INR50 (US$0.80) to INR34,150 (US$548) a tonne, while bajra dropped by INR200 (US$3.21) to INR13,400 (US$215) a quintal.
Di-calcium phosphate moved up by INR0.15 (US$0.002) to INR34.75 (US$0.56) a kilogramme, while corn was unchanged at INR1,450 (US$23.30) a quintal. Dry-rolled barley (DRB) went down by INR100 (US$1.60) to INR7,400 (US$119); Rice bran oil was at INR55 (US$0.88) a kilogramme, while mustard de-oiled cake dropped by INR100 (US$1.60) to INR14,700 (US$236) a tonne.
Broiler concentrate quoted at INR2,010 (US$32), while broiler starter mash sold at INR1,550 (US$25). Pre-lay mash sold at INR1,040 (US$17). Layer concentrate 25% was at INR1,480 (US$24), while layer concentrate 35% was sold at INR1,165 (US$18.70) for a 50-kilogramme bag.
A positive trend was witnessed in the poultry products market with broiler went up by INR5 (US$0.08) and was at INR90-95 (US$1.44-1.52) a kilogramme; egg improved by INR0.14 (US$0.002) and was at INR4 (US$0.06), while chick went for INR25 (US$0.40), unchanged.










