Chicken meat shops closed amid rocketed prices. 1kg could be Rs. 1000, traders warn

Chicken meat shops closed amid rocketed prices. 1kg could be Rs. 1000, traders warn

8 April 2021 09:32 am

Chicken vendors on Bastian Mawatha, Pettah have decided to temporarily close their shops and close their shops in response to the poultry farmers' action on increasing the prices. 

Accordingly, chicken meat shops in Colombo and the suburbs were closed yesterday (07) amid the lack of meat supply.

Commenting on the event, poultry farmers revealed that the price of chicks has surged from Rs. 80 to Rs. 200 and the price of a bundle of chicken feed has surged up to Rs. 6,900, due to which this surge in the prices has occurred.

Poultry traders, however, went on saying that they cannot buy chicken in bulks for more than Rs. 650 and sell them, adding that they are hopeful that the prices would fall due to the lowered down demand by closing the shop for a couple of days.

The traders further warned that the price of a kilo of chicken may rise up to Rs. 1000 in the next few days, were the prices to continue to rise uncontrollably.

According to the gazette issued by the government on March, 2020, the maximum retail price of a kilo of skinless chicken was Rs. 500.

MIAP