The wholesale price of eggs came down to Rs. 2.95 on Wednesday. Officials at the National Egg Coordination Committee (NECC), Namakkal Zone, said that the price of egg dropped from Rs. 3.05 owing to poor demand.
The price of Rs. 2.95 is the lowest in the country fixed by respective NECC zones apart from Hospet Zone that too fixed the same price on Wednesday.
During the same day in previous years, the wholesale price fixed in Namakkal Zone is Rs. 3.50 (2014), Rs. 3.42 (2013), Rs. 2.65 (2012), Rs. 2.82 (2011) and Rs. 2.60 in 2010.
Poultry farmers said that price of eggs are normally expected to be at peak in January every year because of higher demand.
But the price has fallen from Rs. 3.36 on January 1 to Rs. 3.30 on January 9, and to Rs. 3.10 on January 18.
The drop in wholesale price is yet to have an impact on the retail price.
The retail price ranges between Rs. 3.15, and Rs. 4 in the region.