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Nepal's chicken prices rose 10-15% over two to three months after floods, a customs duty hike on chicken feed, and bird flu reports at some farms. Live broiler prices reached Rs 250 per kg, while consumption reportedly fell 40% in recent days.
A customs duty increase on feed raises input costs for Nepali producers and reduces chick placements, tightening local supply and shrinking feed import demand.
thehimalayantimes.comSureisAug 1, 2019Not 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.
