Dipping temperature forces egg price-hike
After onions and other vegetables, soaring prices have now touched eggs too.india Updated: Jan 12, 2011 01:59 IST
After onions and other vegetables, soaring prices have now touched eggs too.
In Mumbai, egg prices shot up to Rs 332 for 100 from Rs 328 on Monday. At the retail level, the cost of a dozen eggs on Tuesday was Rs 45 from last week’s Rs 40. The prices may further go up in the coming days, according to poultry farm owners. Last winter, the highest price of eggs was Rs 318 per 100.
According to the National Egg Coordination Committee (NECC), the spike in egg prices is mainly because of sudden increase in demand after temperatures all over the country plummeted, especially when vegetables prices had already soared. “The demand for eggs goes up when there is a drop in temperatures. This year, the winter is intense while vegetable prices have already soared. This has had some impact on eggs prices too,” said BSR Shastry, NECC spokesperson.
Shastry said, “People do not mind buying eggs at increased prices because prices of other commodities have gone up too. As a result, there is no relief expected in the eggs prices anytime soon.”
The daily demand for eggs in Mumbai during winter is around 75 lakh. Of this, 20 lakh comes to Mumbai from Sangli, Miraj and Pune, while around 40 lakh come from Hyderabad and Karnataka.
First Published: Jan 12, 2011 01:58 IST