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Egg prices jump on winter demand, high feed cost and exports to Malaysia

Traders see feed costs continuing to drive egg prices even in summer, when demand usually tapers

Egg prices jump due to winter demand, high feed prices, Malaysian export
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Malaysia has emerged as the new destination due to an acute domestic shortage there

Sanjeeb Mukherjee New Delhi
Egg prices in most markets of the country till last week rose by over 34 per cent since October 1 before cooling slightly.
 
This is mainly due to strong winter demand, rise in feed costs, and a sudden spurt in exports to Malaysia, said traders and other market sources.
 
Traders are of the view that feed costs will continue to drive egg prices, which reduce in summer.
 
“Prices will remain firm till February because demand is good due to the opening up of the Malaysian export markets while feed costs are also high,” said Rickey Thaper, treasurer

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First Published: Jan 24 2023 | 7:55 PM IST

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