The table price of egg scaled to a new high price of Rs. 3.70, its highest price in Namakkal Zone, on Monday. This is five paise more than the previous highest price of Rs. 3.65 in September 2012 and came down to Rs. 2.70 in about a month due to various reasons.
The wholesale price has now climbed by 50 paise in two weeks. On Saturday, the egg rate once again equalled its previous highest price when it climbed by 10 paise from Rs. 3.55 on Thursday. “The decision to increase the price to the highest price was taken by the National Egg Coordination Committee (NECC) on Monday”, its Namakkal Zone Chairman Dr. P. Selvaraj told The Hindu .
Dr. Selvaraj said that the domestic consumption of eggs has also gone up in Tamil Nadu and Kerala. “This is because the price of chicken meat has gone up drastically, making egg affordable despite its price hike. Its (egg) price is also good in other zones and we expect the price to go up further in the days to come till the winter continues in the North”, he added.
NECC sources and poultry farmers pointed out that another main reason for price of egg going up was the drop in production of egg.