NAMAKKAL: For the first time in 25 years, the floor price of a single egg has touched an all-time high of Rs. 2.07. In retail, it is being sold at Rs. 2.10.
And this is the first time the price of egg does not chart a downward swing despite ‘healthy’ production to meet the high demand in Northern states where the winter has started setting in.
“The price of eggs during earlier occasions has fallen due to excess production.
The present price tag, we hope, will remain stable for quite some time now,” said a poultry owner in Namakkal Zone, the major egg producer in South India.
The National Egg Co-ordination Committee (NECC), which has been fixing the floor price since its formation here in early 80s, pointed out that Namakkal eggs were sold at a costlier price than the eggs of other major producers in the country such as Hyderabad (Rs. 1.96), Nelloor and Chitoor (Rs. 2.06), Mysore (Rs. 2.01) and Bangalore (Rs. 2.05). The prices at Chennai (Rs. 2.13), Mumbai (Rs. 2.18), Delhi (Rs. 2.19) and Calcutta (Rs. 2.16) had been fixed depending on the demand - supply ratio.
The egg price in Namakkal had also hit the lowest in 2006 when its floor price per unit was fixed at a mere 50 paise, due to fears of bird flu. Despite the State government’s announcement that the State was free from the avian flu virus, nearly 70 per cent of the consumers preferred not to buy, thus, leaving the industry with 10 crore eggs stacked in its godowns for more than 10 days.
The zone has a total daily production of 2.50 crore eggs of which Kerala buys 50 lakh eggs while the export to Middle East and a few African countries comes to 50 lakh eggs. The rest have to be sold in local markets. The industry has also been supplying nearly two crore eggs per week in the noon meal centres.