If soyameal moves up from the current levels, feed products may turn dearer in the coming days, according to trade experts.
Aditya Mishra, a commodity expert, told Business Line , soyameal is playing a key role at present and if it moves further up, prices of poultry feed will increase.
Heavy fluctuations in prices of key ingredients are keeping the production cost steady.
Soyameal prices have increased by Rs 1,700 a tonne over the last three weeks. While there has been too much volatility in the prices of mustard de-oiled cake that touched Rs 15,800 a quintal last week, it is now in a correction mode.
In the physical market, soyameal went up by Rs 400 to Rs 37,000 a tonne.
Bajra improved further by Rs 10 to Rs 1,520 a quintal, DCP was at 35 a kg, MBM improved by Rs 300 a quintal to 35,300 while maize recovered by Rs 330 to Rs 15,100.
Mustard de-oiled cake dropped further by Rs 400 to Rs 15,300 a tonne, DRB improved by Rs 100 to Rs 9,400 while rice bran oil ruled at Rs 49 a kg.
Feed products
Pre-lay mash sold at Rs 1,020 for a 50-kg bag, while layer grower mash quoted at Rs 960.
Layer concentrate 25 per cent sold at Rs 1,445 while layer concentrate 35 per cent went for Rs 1,130.
Broiler concentrate quoted at Rs 1,980 while broiler starter mash was at Rs 1,500.
Poultry Products
Meanwhile, after witnessing an uptrend last weekend, chick and broiler prices dropped while egg improved marginally, on Wednesday.
Egg improved to Rs 3.09 a piece.
Broiler dropped by Rs 10 to Rs 80 a kg, while chick went Rs 3 down from the previous levels for Rs 15.
According to the market experts, it is unlikely to see any major alteration in the poultry products market this week.