India's egg trade takes a hit
India, the world's second largest producer of eggs,
has seen approx. a 50% drop in exports over the past two weeks as bird flu
damages confidence, say trade officials.
Among other countries that have banned egg imports are the United Arab
Emirates, Sri Lanka and Bangladesh.
"We have suffered 150 mln rupees [€2.5 mln; US$3.8 mln] of losses on
commercial egg exports alone for the last two weeks only," said Prasanna
Pedgaonkar, deputy general manager of Venkateshwara Hatcheries, one of the
country's largest poultry groups.
Pedgaonkar estimates that India's total export losses amount to about 750
mln rupees (€12.8 mln; US$19 mln).
So far, the avian influenza
virus has spread to 13 of West Bengal's 19
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