Chicken expected to cost more when ceiling price is removed on July 1

PUTRAJAYA: The price of chicken is expected to go up to around RM10 per kg after July 1 when the ceiling price is removed, says Datuk Seri Alexander Nanta Linggi.

The Domestic Trade and Consumer Affairs Minister said livestock farmer groups have told the ministry that even though chicken prices will increase, they have given their assurance that it will not go up exponentially.

ALSO READ: Chicken prices expected to increase above RM10 per kg after June 30, says livestock farmers' group

"The livestock farmer groups told me that chicken prices will indeed go up a bit after the subsidy is removed. It will be around RM10 or so per kg, but it won't be as high as RM12.50 per kg.

"However, the ministry will constantly monitor the prices on the market and if we find traders increasing their prices and breaching the Price Control and Anti-Profiteering Act, we will take action without hesitation," said Nanta at a press conference after attending an engagement session with industry players and consumer groups at his ministry here on Tuesday (June 21).

ALSO READ: Chicken at double the price

The maximum price scheme for chicken and eggs was implemented last Feb 5 and had been scheduled to end on June 5, but the government extended the deadline to June 30.

Currently, the ceiling price for standard chicken is set at RM8.90 per kg in Peninsular Malaysia.

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Nation

Two injured in Semporna accident involving ice-laden lorry
Pakatan leaders question if BNS awarded LCS contract to clear corporate debts
Woman survives fall from 19th floor in Penang
Transport Ministry waiting for proof-of-concept report on Kuching's autonomous rapid transit
Forty-six people with storm-damaged homes at relief centres in Johor
Peja unfazed by possibility of GE15 face-off with Anwar
Annuar: Ministry to take immediate action over iPay88 issue
No room for communist activities to re-emerge in country, says former cop
Kedah MACC finds no wrongdoing in Baling durian farm approval
Smuggler nabbed with six undocumented migrants after 30km car chase in Kelantan

Others Also Read