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Price of Chicken Increases by 54 Percent

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Price of Chicken Increases by 54 Percent
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January 7: The price of broiler chicken has increased by 54 percent after the government lifted lockdown in the country. The price hike is attributed to the increase in consumption after hotels, restaurants and party palaces started reopening post-lockdown.

According to the entrepreneurs involved in meat business in Nepal, the price of chicken was Rs 240 per kilogram in early September. The current price of chicken is Rs 370 per kg.

The consumption of meat had dropped to 30 percent during the lockdown period. Now the consumption has increased to 60 percent compared to normal times, says Jung Bahadur BC, chairman of the Meat Entrepreneurs Association of Nepal.

BC added that the price of chicken has also increased because the production is low in winter season. As farmers have started producing less amount of chichen, Nepal Hatchery Industry Association has also lowered the production of eggs, added BC.

During normal circumstances, the hatchery industry of Nepal used to produce 4.2 million chicks but now the production is down to 3.2 million.

 

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