Sunday, November 24, 2013

Price of Chicken hiked ridiculously high

CHITWAN, NOV 25 -
Rishi Dhakal, a resident of Astha Tole, Bharatpur, bought chicken at Rs 380 per kg on Sunday. The pricing left him surprised as he had bought the same quantity of chicken at Rs 350 a day ago. Many customers like Dhakal are saddened by the random price hike almost every day.

“I run a small restaurant, and this price hike has left me in trouble as chicken is something that customers seek the most,” said Dhakal, adding if the price continues to go up, it will have a negative impact on their business.

The demand for chicken has gone up significantly in recent times due to wedding and picnic season and the Constituent Assembly (CA) election. But the supply has remained on the lower side, fuelling the price rise. Chicken traders have fixed the price at Rs 360 per kg, but it is difficult to find chicken at that price in the market.

Amid low supply, chicken sellers are found charging customers arbitrarily in the absence of effective market monitoring. There are an estimated 1,000 fresh houses in the district. Normally, the district consumes 400 quintal chicken a day, but the demand has gone up to 450 quintals due to picnic and wedding season, according to Nepal Poultry Market Management Association. “As we have less supply capacity, the price has been adjusted accordingly,” said Shankar Prasad Kandel, president of the association.

Saying that market inspection could not be carried out effectively due to the CA election, Kandel said they would take action against traders cheating customers.

The short supply of chicken is the result of recent bird-flu outbreak in the Kathmandu valley and other parts of the country, which prompted culling of a huge number of chicken s. The association said 60 percent chicken s were culled in farms in the valley, while Chitwan saw culling of 20 percent of the species.

Farmers are also reluctant increase production fearing possible losses due to repeated outbreak of the disease. Even if the farmers are interested in adding chicks, they are not getting chicks easily due to the shortage. “Since there are no chicks in farms, it will take around one year for the price to come back to normal,” said Kandel.

 Meanwhile, amid complaints of arbitrary price hike by chicken sellers, the District Administration Office has said it will conduct market inspection and take action against traders cheating customers. “We have received complaints about traders charging arbitrarily,” said Narendra Raj Sharma, chief district officer of Chitwan. “Such traders will be taken action.”

Source: ekantipur.com, 25/11/2013
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