Egg and chicken prices may go up

Open market: A shopkeeper arranging eggs for sale at a wholesale shop in Kuala Lumpur. Consumers are likely to pay slightly more for chicken and eggs once the ceiling prices and subsidies are removed on July 1. — AZHAR MAHFOF/The Star

“I foresee that the prices of regular Grade A, B and C eggs will go up by about 10sen per egg from 45sen to about 55sen. “At the moment, the ceiling price for chicken is RM9.40 per kilo, but it is being sold at about RM8.40. On Friday, Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim, when announcing Budget 2024, said the temporary ceiling price imposed on chicken and eggs will be lifted to allow market forces to ensure supply.

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