Malaysia will continue to inflict price ceiling upon chickens, says PM Ismail Sabri

KUALA LUMPUR: The Malaysian government has didn’t float the price of poultry which was expected to get effect from Jul 1 .

Instead, a new price ceiling will be announced soon with the Agriculture and Foods Industries Ministry (MAFI), said Prime Ressortchef (umgangssprachlich) Ismail Sabri Yaakob in a statement upon Friday (Jun 24).

“The decision made proves the government’s problem in safeguarding the particular interests of Malaysian families so that they are certainly not burdened by rising prices and by the particular challenges of cost of living, ” he said.

On Monday, Domestic Trade plus Consumer Affairs Minister Alexander Nanta Linggi said that Malaysia might discontinue ceiling cost controls for chicken and chicken ovum from Jul one

He mentioned the move was to stabilise the particular supply of food in the market, as well as prices over time.

The optimum retail price associated with standard chicken in Malaysia is currently RM8. 90 per kilogram. These are chickens which have been processed, and are sold with head, foot and organs.

The maximum retail price for super entire chicken – that is slaughtered and washed, and then sold without having feet, head, and organs – is definitely presently set from RM9. 90 per kg.

Previously, the government had also announced that it would end giving subsidies to poultry farmers through Jul 1 .

Following the announcement, chicken farmers had reportedly expressed the wish that the government would allow the price of chicken to be floated.

Starting Jun one, Malaysia had prohibited the exports associated with chicken to resolve the particular supply and pricing issues faced in the country.

Malaysia has been dealing with a shortage in supply of chickens, with the price of chickens skyrocketing due to the costs associated with breeding them.

Malaysia had formerly exported 3. six million chickens per month to Singapore.