Chicken price up 50% in Singapore
The price of chickens in Singapore has reportedly
risen 20-50% recently, caused by the wholesale price hike from Malaysia, among
Singapore imports more than 3.4 million live chickens from Malaysia each
month. The higher operating costs faced by farms, however, has sent prices into
an upward swing.
The price of chickens at the markets has risen by between S$1.50 (€0.72)
and S$3 (€1.45), while the price of frozen chickens increased by between S$1
(€0.48) and S$2 (€0.97) per kg.
The underlying reason for the increases in prices, according to Agri-Food
and Veterinary Authority (AVA) Singapore, is due to the price hike regarding
poultry feed worldwide. Additionally, the festive season also translates into
higher demand, thereby pushing the prices up even further.
The wholesale price of medium-sized chickens is around S$7 (€3.38), or S$8
(€3.86) for a large bird. According to a trader, this is an increase of about
Related links:Agri-Food and Veterinary Authority (AVA) Singapore
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