Egg prices 40% higher on tight supply
Egg prices have jumped by up to 40 per cent to Rs 7-7.50 per piece in retail markets in most parts of the country, hit by tight supply, Poultry Federation of India President Ramesh Katri said today.
The upward trend would continue in coming months as egg production is likely to be lower by 25-30 per cent this year, he said.
"Egg prices have increased significantly as many poultry farms have reduced production for the current year because they did not get better rates last year," Katri told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.