September 17, 2024

Bangladesh sets new prices for chickens and eggs amid rising costs

Bangladesh has officially announced new pricing for chickens and eggs, according to a letter issued by the country's Department of Livestock Services and signed by Acting Director General Dr Md Reajul Huq, Dhaka Tribune reported

As per the new rates, the price of each egg has been set at BDT 10.58 (US$0.089) at the production level, BDT 11.01 (US$0.092) at the wholesale level, and BDT 11.87 (US$0.099) at the retail level.

For Sonali chickens, the price has been fixed at BDT 260.78 (US$2.18) per kg at the production level, BDT 264.57 (US$2.21) at the wholesale level, and BDT 269.64 (US$2.26) at the retail level.

In addition, broiler chickens will now be priced at BDT 168.91 (US$1.41) per kg at the production level, BDT 172.61 (US$1.44) at the wholesale level, and BDT 179.59 (US$1.50) at the retail level.

The Bangladesh Department of Livestock Services has instructed all divisional directors and key stakeholders, including the Bangladesh Poultry Industries Association, Feed Industries Association of Bangladesh, Breeders Association of Bangladesh, and other related organisations, to comply with the new pricing structure.

The letter also detailed the formation of a joint working group involving the Department of Agricultural Marketing, the Department of Livestock Services, and various poultry-related organisations. This group was tasked with determining reasonable prices for chickens and eggs for 2024.

Following the recommendations of this group, the Ministry of Agriculture reviewed the report and requested the necessary steps to implement the pricing. The Ministry of Fisheries and Livestock has now directed the enforcement of these revised prices.

-      Dhaka Tribune