The National Egg Coordination Committee (NECC), Namakkal zone, has raised the egg price by 12 paise to Rs 2.66 a piece this week.
The increase in price is due to rising demand and resumption of truck movement to neighbouring Andhra Pradesh, a major consumer of Tamil Nadu's poultry products. Last week, NECC had trimmed the price after the Telangana stir hit movement of trucks to the state.
“We had accumulated stocks and to get clear of that we slashed the prices hoping that this will perk up consumption. But now, with the end of Navaratri season and resumption of goods movement, we expect a good demand. We want to cash in on this demand before the Sabarimala season starts and, hence, this price hike,” said an official.
NECC has slashed the price of layer birds by Re 1 a kg to Rs 41.
On the contrary, broiler prices, until now marred by seasonal uncertainties, are inching up on short supply. The Broiler Coordination Committee (BCC) has hiked the price of live birds to Rs 65 a kg from last week's Rs 57. Earlier this March, the price touched a record Rs 75 a kg. The price of broiler birds are likely to go up gradually, said an industry source.