Namakkal egg price falls to ₹4.50 after three months
Namakkal, known as the 'egg city', houses more than 1,600 poultry farms and produces six to seven crores of eggs per day. These eggs are transported to various parts of Tamil Nadu, Kerala, and Karnataka. Eggs are also exported to countries like Oman, Qatar, and the United Arab Emirates (UAE).
Namakkal eggs are also supplied for the noon meal scheme. Based on production and demand, the price of eggs is fixed by the National Egg Coordination Committee (NECC) in Namakkal every day.
Watch: How Namakkal became 'Egg City'
On April 30 this year, the price of an egg was ₹4.50 and after that, it increased, touching ₹5.75 per egg on May 20. The retail market price touched ₹7. After May 20, the price fluctuated between ₹5.30 and ₹5.55, and on June 28, it once again touched ₹5.75. For the past one month, the price of an egg has been between ₹5 and ₹5.55.
But last week, the prices began coming down owing to the Sawan festival in North Indian States. On Sunday (July 27), the procurement price of eggs was ₹4.50.
Chairman of the Tamil Nadu Egg Poultry Farmers Marketing Society Vangli Subramaniam said the price of eggs was reduced due to the influence of middlemen. 'The supply is good and eggs are moving to other places as usual. We expected a fall of price to the range of 30 and 40 paise, but it dropped drastically. Even though the price was fixed at ₹4.50 per egg, the middlemen and traders bought them only for ₹4.10. Due to this, poultry farmers sustained a loss of ₹1 per egg and overall, farmers sustained a loss between ₹8 to ₹9 crore,' Mr. Vangli added.
Tamil Nadu Poultry Farmers Association (TNPFA) president and Namakkal NECC chairman K. Singaraj said that due to Sawan being observed in six States, 30% to 40% egg consumption was reduced, which resulted in the price reduction. This will continue for the next one month. To prevent eggs from coming into the Tamil Nadu market from other States, the price was reduced, Mr. Singaraj added.
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