Today-May 25
The Poultry Merchants’ Association said on Tuesday (May 24) that prices of fresh chicken are set to rise in the coming days as poultry importers rush to slaughter more chicken to freeze the meat and stockpile ahead of Malaysia’s June 1 export ban. The curb is going to affect eateries selling cooked food where chicken is the main dish, stalls at wet markets selling chicken as well as stocks at supermarkets. Mr Ma Chin Chew, secretary for the Poultry Merchants’ Association, said that as importers look to increase their chicken meat stockpiles, the price of live chicken for slaughter will go up with increased demand. Malaysia announced on May 23 that it will be halting exports from June 1 until the prices and supply of chicken stabilize in the country. Malaysia’s agriculture and food industries minister Ronald Kiandee said that this move may last indefinitely. The country currently exports 3.6 million chickens a month. Singapore got about a third (34 per cent) of its poultry last year from Malaysia, and almost all of these imports from Malaysia were live chickens, which were then slaughtered and chilled here, SFA said in a Facebook post. Importers told TODAY that they are ramping up their chicken meat production after the news and looking to increase their frozen chicken stockpile. Read more at: https://www.todayonline.com/singapore/malaysia-chicken-ban-fb-importers-markets-disruption-price-increases-1906546
