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Chicken price increases as supply falls

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KATHMANDU, May 31: With drop in chicken production, price of chicken has increased to Rs 250 per kg in the wholesale market.

Junga Bahadur BC, president of Nepal Chicken Sellers Association, said price is rising as demand is increasing after the earthquake. "The mismatch in demand and supply is causing the price to go up," BC said. "Production has dropped significantly as the earthquake of April 25 has damaged many poultry farms and killed many chickens."

Following the decision, retailers have increased price of chicken to as high as Rs 280 per kg.According to BC, supply of chicken in Kathmandu Valley has dropped by more than 50 percent after the earthquake. He also said lack of manpower is affecting poultry production at present as many farmers have become homeless after the earthquake. "Many farmers have left poultry business altogether after the earthquake," he added.

BC urged the government to do needful to protect the industry and encourage farmers by announcing different incentives and telling them that their investment will be safe.

Kavre, Dhading, Nuwakot, Sindhupalchowk, Chitwan and Bhaktapur are the major suppliers of poultry products to the Valley.



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