May 2, 2013

Due to low demand, Nepal's poultry entrepreneurs have decreased chicken price in the Kathmandu Valley by NPR15 (US$0.17) per kilogramme effective from Wednesday (Apr 24).

A joint meeting of poultry farmers, entrepreneurs and retailers took the decision on Tuesday (Apr 23).

With the fresh adjustment, chicken will now cost NPR285 (US$3.28) per kilogramme in the Kathmandu from Wednesday onwards. Similarly, price of live chicken has been reduced by NPR10 (US$0.12) per kilogramme to NPR210 (US$2.42) per kilogramme. Farmers will get NPR200 (US$2.30) per kilogramme for live chicken.

Janga Bahadur BC, president of National Chicken Sellers' Association, said the joint meeting decided to reduce the price due to drop in demand amid rise in production with the onset of summer.

"Production is rising as the climate is favourable to rear chicks," BC said, adding that production has increased by around 20% compared to that of winter season.

According to the association, the daily demand for chicken has gone down by 10-15% compared to a month ago.

"Demand for chicken normally goes down during summer," BC said, expecting chicken price to go down further in the coming days.