Indonesia: Egg prices soar during Eid al-Adha, predicted to decline soon

Published 2024년 6월 18일

Tridge summary

The price of chicken eggs has risen by 6.01% to IDR 31,420 per kg following Eid al-Adha 1445 Hijriah (2024), as reported by the National Food Agency. Despite this increase, prices at the farmer level have remained stable between IDR 24,000 and IDR 26,000 per kg. Ki Musbar Mesdi, General Chair of the National Layer Breeders Association, explained that egg prices typically rise during National Religious Holidays due to traders taking small profit margins. He anticipates that market prices will stabilize within a few days post-Eid al-Adha, returning to around IDR 28,000 - IDR 29,000 per kg.

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

Original content

Reporter: Arif Ferdianto | Editor: Herlina Kartika Dewi KONTAN.CO.ID - JAKARTA. The price of chicken eggs has increased on H+1 of Eid al-Adha 1445 Hijriah or 2024. However, the price of eggs at the farmer level is considered stable in the last few days. The National Food Agency (Bapanas) food price panel, Tuesday (18/6) noted that the price of purebred chicken eggs rose 6.01% to IDR 31,420 per kg. General Chair of the National Layer Breeders Association, Ki Musbar Mesdi, said that on National Religious Holidays (HBKN), egg prices often increase. According to him, at this moment traders took a little profit. "A condition that usually occurs every HBKN occurs, where MSME egg traders take a small profit margin," he said to Kontan.co.id, Tuesday (18/6). However, Musbar explained that the price of eggs at the farmer level had stabilized in the last few days, namely at the level of IDR 24,000 to IDR 26,000 per kilogram. According to him, the supply of eggs on the market will be ...

Source: Kontan