Meat gets costlier with rising demand, falling supply

meat-gets-costlier-with-rising-demand,-falling-supply

, May 20

have gone up in the last couple of weeks as its production and supply has dropped due to the lockdown, while the demand has increased.

For instance, chicken price has surged to Rs 310 per kg compared to Rs 250 per kg just a week ago. Egg price has also spiralled up to Rs 350 per crate from Rs 280 per crate last week.

The foresees chicken price reaching as high as Rs 500 per kg in the next one month.

“Chick hatching has completely stopped, drastically bringing down the production. Demand, however, is high,” Tika Ram Pokhrel, president of the association, told THT, adding prices of chicken and eggs are sure to go up in the near future.

Just before the lockdown, hatchery industries had destroyed chicks demanding a hike in chicken price. Production had already dropped back then. Now due to the lockdown, industries are not hatching chicks, he said. Moreover, in the name of recovering losses, traders are raising prices, according to Pokhrel.

The price of buffalo meat has also gone up to Rs 500 per kg from Rs 400 per kg, while price of goat meat has soared to Rs 1,400 per kg against Rs 1,100 per kg before the lockdown.

“Supply of live goat has been disrupted and a few suppliers have created a syndicate and are charging arbitrarily,” said a goat supplier of


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