update Determination of poultry rates by govt unacceptable: PPA LAHORE - Rejecting intervention of the government to decide chicken rates, the Pakistan Poultry Association has said that the decision will result in a complete disaster for the industry because controlling prices of poultry products is not mandated in Profiteering and Hoarding Act 1977.The spokesman of Pakistan Poultry Association (PPA) Abdul Maroof Siddiqui said that all over the world no such example is found to control poultry prices because the prices of poultry products are determined on the basis of supply and demand phenomenon.He said that the poultry association too does not have any role in determining or controlling poultry prices due to this phenomenon. He further said that poultry farms have been incurring huge losses for the last 8 months due to selling of chicks at the price of Rs 2 to Rs 8, which resulted in the shutdown of 30 poultry farms in Karachi and its surroundings, and this can be confirmed from livestock department of the province.Therefore, he added, if the government intervenes to control poultry prices the industry would completely breakdown. ‘This is the reason the price of chicken is not included in the Profiteering and Hoarding Act 1977 which is implemented in the whole country,’ he reasoned.While giving reasons of current increase in the prices of poultry products, he said that it is due to low supply because of loss to poultry farms in the past few months, their shutdown, and sudden increase in demand since the prices of poultry products are based on supply and demand phenomenon.To fill the demand gap, traders have started supplying chicken to Karachi from Rahim Yar Khan, Bahawalpur, and Multan and the situation will get better soon, he said.He said that the meeting did not consider the economic and marketing factors while determining prices, which is detrimental because those planning to re-establish poultry farms will not dare now in such circumstances when the government is intervening.This will heavily reduce the supply of chicken to Karachi from other provinces because live chicken cannot be stored and traders will not supply chicken at the price of Rs 170/kg as determined by the government. ‘The price of live chicken in Rahim Yar khan is Rs 170/kg and Rs 165/kg in Multan. So if the price of alive chicken in the said cities is Rs 130/kg then only it is possible to sell chicken at Rs 170/kg in Karachi,’ he reasoned.The spokesman said that the result of this whole situation is very clear and people will get deprived of animal protein. ‘Poultry products are like vegetables the prices of which cannot be fixed. This situation of supply and demand gives directions to poultry farms to either increase or decrease prices of their products, and this is why it is not included in the Act,’ he added.
Posted on: Sun, 23 Jun 2013 03:22:38 +0000
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