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Poultry prices to soften by 20% in six weeks on lower festival demand

After hitting a record in June, prices shed up to 14% in July on higher supply

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Last Updated : Jul 14 2017 | 12:19 AM IST

Poultry prices are likely to decline by 20 per cent over the next six weeks due to expectations of weak consumer demand during the ongoing festival season.

After hitting recent highs, poultry prices have declined by up to 14 per cent during the last two weeks, following restoration of supply from major producers and a sharp increase in breeding activity across the country.

Data compiled by Poultry Bazaar, an online junction of poultry rates and updates, shows broiler chicken prices are down 13.64 per cent in Punjab to Rs 76 a kg currently. A similar fall was seen in broiler prices in

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