Pakistan's retail chicken prices have dropped 23.8 percent, to Rs 160 (US$1.67) per kilogram from Rs 210 (US$2.20) per kilogram, due to low demand brought on by upcoming holiday Eidul Azha, according to reports.
The decline in prices has affected both live broilers and chicken meat, said Maroof Siddiqui, Pakistan Poultry Association chief convener. "The declining purchasing power of an overwhelming number of poultry customers helped to bring the prices down," he said. The live broiler and chicken meat price decline is expected to continue leading up to the holiday, to Rs 140 (US$1.46)–Rs 145 (US$1.52) per kilogram.
The decline in prices has affected both live broilers and chicken meat, said Maroof Siddiqui, Pakistan Poultry Association chief convener. "The declining purchasing power of an overwhelming number of poultry customers helped to bring the prices down," he said. The live broiler and chicken meat price decline is expected to continue leading up to the holiday, to Rs 140 (US$1.46)–Rs 145 (US$1.52) per kilogram.
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