Bangladesh: Broiler chicken price up by Tk 100 per kg

Published Apr 8, 2024

Tridge summary

In Chittagong city, the price of broiler chicken has dramatically increased from Tk 170 to Tk 270 per kg just before Eid, causing concern among consumers. Traders justify the price surge by citing higher demand and increased costs for supplies, including feed and medicine. However, the Consumers Association of Bangladesh disputes these claims, arguing that there has been no significant rise in the cost of baby chickens or feed, suggesting that the price hike is unjustified and likely the result of poor market monitoring, which benefits syndicate traders at the expense of the general public.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

People are suffering because of the sudden increase of chicken prices just before Eid in the port city.The chicken that was sold at the price of Tk 170 per kg during the month of Ramadan is now being sold at Tk 270 per kg.Abdul Jabbar, a buyer of the Chawkbazar area of Chittagong city, said that the price of broiler chicken was high throughout the year. ‘Now it’s gone out of reach ahead of Eid,’ he added.‘Sellers remained silent regarding the sudden price hike. Some, however, claimed that the farmers have raised the price of chicken due to the increase in demand compared to the supply in the market.’Alamgir, a chicken trader in the city’s Riazuddin Bazar, said, ‘Due to the increased demand, the suppliers are charging higher prices. If the demand increases, the suppliers increase the price. So, we also increase it.’Another trader wishing to remain anonymous said, ‘There is no control in the baby chicken market. The price of chicken feed and medicine is high. All the impact of ...

Source: Newagebd