July 25, 2011

 

Pakistani chicken prices hit record high

 

 

As the holy month of Ramazan is arriving, prices of chicken reach record high in the twin cities of Islamabad and Rawalpindi.

 

Within the open market of the twin cities, one kilogramme of chicken is sold between PKR168 (US$1.94) and PKR170 (US$1.97) in contrast to PKR105-110 (US$1.22-1.27) per kilogramme in June.

 

The sudden rise in poultry prices has caused consumers to appeal to the authorities.

 

Some factors which lead to the abrupt price increment are poultry owners hoping to earn more profits in Ramazan by reducing supplies, and unfavourable weather and losses resulting local forms to close and the remainder unable to fulfill demand.

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