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Malaysia will allow temporary imports of 10,000 metric tonnes, about 5.5 million frozen whole chickens, each month from December 2021 to February 2022. The government acted after domestic chicken prices rose by as much as RM10 per kg.
Supply has been about 18% short since October because demand from restaurants and hotels surged as the economy reopened.
Added imports ease the domestic shortage and should cap local chicken prices during the import window.
staging.malaysiakini.comDec 3, 2021Not 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.
