Broiler chicken prices in Bangladesh hikes by Tk40 per kilo within days

Broiler chicken is witnessing a rapid rise in prices, surging by up to Tk40 per kg within only four days. Visiting Karwan Bazar, one of the biggest kitchen markets in the capital, The Business Standard found that broiler chicken is being sold at Tk250-60 per kg on Tuesday (9 April). "In the last 4 days, broiler price has increased by about Tk40 per kg," said Aminul Islam, owner of the Jonopriyo Poultry Broiler House. Retailers blame the price hike on increasing wholesale prices and extreme heat causing the chickens to die. "We are forced to sell broilers at high prices. We have to buy broilers at Tk235 per kg from the wholesale market. Many chickens die from the heat in summer. I have to pay rent for my shop. I have to pay salaries to my workers. If we sell broilers for a lesser price, I won't be able to make any profit," said Aminul Islam. "There's a shortage in broiler supply, which is causing the price hike. When the price goes up in the wholesale market, it impacts the retail ...