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Retail egg prices in parts of Mumbai rose to Rs 80 per dozen from Rs 65 last month, with consumers reporting increases of Rs 10-20 in the past week. Traders blame a production shortfall after lockdown disruptions and higher demand for immunity-boosting foods.
Wholesale rates set by the National Egg Coordination Committee have also been fluctuating daily.
A supply shortfall combined with stronger demand keeps domestic Indian egg prices elevated, which tightens the market for poultry feed. The effect on global feed commodity prices is limited.
timesofindia.indiatimes.comBella JaisinghaniSep 23, 2020Not 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.
