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Singapore's Poultry Merchants' Association says fresh chicken prices will rise as importers slaughter and freeze more birds ahead of Malaysia's June 1 export ban. Live bird prices are also expected to climb as demand for stockpiling grows.
Malaysia's agriculture minister said the halt could last indefinitely.
Front-loaded slaughter and stockpiling tighten live bird and frozen chicken supply in the short run, supporting prices. An indefinite ban would keep regional import demand for chicken and related feed inputs elevated.
channelnewsasia.comLoraine LeeJun 1, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
