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Egg price, that ruled almost flat for a week, has been reduced by 10 paise to Rs 2.51 a piece.
The National Egg Coordination Committee, Namakkal zone, has trimmed the price as the Telangana stir has hit movement of trucks to neighbouring Andhra Pradesh (a major consumer of Tamil Nadu's poultry products).
“We have accumulated stocks and to clear of that we have cut prices hoping that this will perk up consumption,” said an official.
NECC has hiked the price of layer birds by Rs 2 a kg to Rs 42.
On the contrary, broiler prices, which were until now were marred by seasonal uncertainties, are inching up on short supplies. The Broiler Coordination Committee (BCC) has hiked the price of live birds to Rs 57 a kg from last week's Rs 53. Earlier this March, the price touched a record Rs 75 a kg. “Broiler prices declined last month because of the austere/festive season resulting in poor offtake. Most of the poultry farms were running at half their capacity; and due to shortage of birds, prices are likely to go up gradually,” said an industry source.
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