Malaysia: Production costs averaged RM6.53 per kg for chicken, and 48 sen per egg in September

Published 2022년 12월 30일

Tridge summary

A study by Malaysia's Department of Statistics Malaysia (DOSM) has found that the average production cost for chicken was RM6.53 per kg and RM48 cent per egg in September. The average retail price for chicken was RM9.08 per kg, with margins at wholesale and retail levels, while eggs retailed at 54 sen per egg with similar margins. The government set a ceiling price of RM9.40 per kg of chicken from July 1 to address concerns of margin narrowing or losses due to increased production costs. The study found that poultry feed and purchasing costs of day-old chicks were the largest contributors to the production costs for chicken and eggs, respectively.

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Original content

KUALA LUMPUR (Dec 30): Malaysian farms on average incurred production costs of RM6.53 per kg for chicken and 48 sen per egg in September, according to a study by the Department of Statistics Malaysia (DOSM). Without taking into consideration the profit margin at the farm level, the DOSM's study found that the average retail price for chicken was RM9.08 per kg in September, with RM1.30 per kg of margin at wholesale level and RM1.25 per kg of margin at retail level. For eggs, the average retail price would be 54 sen per egg without taking into account the margin at the farm level, while wholesalers took a margin of four sen per egg and retailers made two sen per egg. DOSM said chicken could be priced between RM6.86 and RM7.84 per kg to wholesalers, assuming margin at the farm level to be 5%-20%. Meanwhile, farm price for eggs could be in the range of 50 sen to 58 sen each, assuming margin of 5%-20%, the department said. Malaysia has imposed a price ceiling of RM9.40 per kg of ...

Source: Theedgemarkets