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Poultry Division Sees 100% Egg Price Rise
The article addresses the 100% increase in table egg prices over the past eight months. The head of the Poultry Division at the Federation of Chambers of Commerce confirmed that this rise reflects a fair price rather than a final increase, attributing it to significant losses incurred by the sector. He emphasized that rumors have not impacted market stability. He clarified that the cost to produce one kilogram ranges between 68 and 70 pounds, while the eggs are sold at 50 pounds. He affirmed that the fair farm gate price for a kilogram should be 75 pounds, and it can reach consumers at up to 85 pounds. The speaker pointed out that the back-to-school season boosted demand for poultry and eggs, contributing to prices returning to normal levels after the cost of producing a carton reached 95 pounds, compared to the previous retail prices of 50 to 60 pounds, which caused substantial losses for traders and producers.
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