There would not be any significant increase in the price of eggs should the subsidies be removed, TA Research said.
PETALING JAYA: Poultry players Leong Hup International Bhd
and QL Resources Bhd are likely to benefit from the removal of price controls for eggs due to their cost efficiency and strong market positions.
According to TA Research, the government may announce the removal of both price controls and subsidies for eggs today, following the reduction of subsidies for various egg grades by three sen effective June 17, 2024.
