Ceiling price control for chicken, eggs, subsidies for bottled cooking oil discontinued

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Ceiling price control for chicken, eggs, subsidies for bottled cooking oil discontinued theSun theSundaily economy financial inflation KPDNHEP Malaysia

PUTRAJAYA, June 21 - Workers arranged the supply of chicken eggs at MyFarm Outlet Kasih Putrajaya today. BERNAMAPIX: Ceiling price control for chicken, chicken eggs and subsidies for palm cooking oil in bottles of two, three and five kilogrammes will not be continued from July 1, said Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi today.

Currently, the government sets the maximum retail price of chicken and eggs for Peninsular Malaysia at RM8.90 per kg for standard chicken and RM9.90 per kg for super whole chicken . On the abolition of the palm cooking oil subsidy in bottled packaging, he said the subsidy for the goods has reached RM20 million a month.

In the engagement session today, Nanta said the poultry industry players assured that prices for chicken would not increase drastically.

 

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