Taiwan egg wholesalers decry the price freeze and threaten to close market

Published 2023년 3월 19일

Tridge summary

Wholesale egg suppliers in Taipei have warned that they may cease sales indefinitely if the Taiwan Poultry Association (TPA) extends the current price freeze, which is intended to address a domestic shortage of eggs due to avian flu epidemics, increased feed costs, and a high number of molting hens. The current wholesale price of eggs in Taiwan is the highest in many years at NT$55 (US$1.79) per catty (600 grams). The TPA is reviewing the decision to freeze wholesale prices, with plans to adjust them based on the availability of imported eggs. The government agency overseeing animal industry, the Council of Agriculture (COA), has not been involved in the pricing decisions and respects the market mechanism.

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Original content

Taipei, March 19 (CNA) A group of wholesale egg suppliers in Taipei is threatening to stop sales "indefinitely" if Taiwan's Poultry Association (TPA) extends the current price freeze next week, amid a domestic shortage. A decision made Saturday by a TPA production and marketing supervision committee to freeze the wholesale price of domestically produced chicken eggs this week is not sustainable and will hurt egg farmers and suppliers, the group said without elaborating. Currently, the wholesale price of eggs in Taiwan is NT$55 (US$1.79) per catty (600 grams), while the farm gate price is NT$45.5 per catty, the highest in many years, amid an egg shortage in the country that has been caused by avian flu epidemics, increased feed costs, and a high number of molting hens, according to government officials. Following Saturday's meeting held by the committee to review egg prices, one of the members said the decision to freeze wholesale prices was based on the fact that Taiwan is ...

Source: Focustaiwan