01:51 PM
Friday, March 24, 2023
Cairo – Masrawy:
The average price of fresh poultry declined today, Friday, in the markets, to about 95.38 pounds, down by 1.43 pounds, according to the latest update of the data of the local and international price portal of the Cabinet Information Center, which may differ from some price levels in some regions of the Republic.
The average price of poultry declined during yesterday’s trading, while the price of a kilo of white poultry fell 7 pounds on Wednesday.
Abdulaziz Al-Sayed, head of the Poultry Division at the Cairo Chamber of Commerce, previously explained to Masrawy that the decline in buying demand during the week before Ramadan led to a decrease in prices, after they rose to record levels after the jump in feed.
Also read: Head of the Division: A decline of 5 pounds in the price of a kilo of poultry on the first day of Ramadan
According to the Cabinet Prices Portal, the price of a kilo of white poultry in Egypt today starts at 78.5 pounds, while the price of municipal poultry reaches a maximum of 119.48 pounds.
Egypt produces about 1.6 billion birds annually, and this production achieves self-sufficiency by about 95%, and the gap between production and consumption does not exceed 5%, according to data from the Poultry Division previously.
The rise in feed prices and the import crisis during the past months caused a shortage in the supply of poultry and eggs and a significant jump in their prices.
Also read: Poultry prices in the market are falling again on the first days of Ramadan
