Business

Govt to continue implementing ceiling price for chicken, eggs

Maximum price for both items maintained, says Domestic Trade Ministry sec-gen

Updated 4 years ago · Published on 12 Oct 2022 8:15PM

Govt to continue implementing ceiling price for chicken, eggs
Domestic Trade and Consumer Affairs Ministry Secretary-General Datuk Azman Mohd Yusof says through the maximum price determination, the maximum retail price in Peninsular Malaysia for whole standard chicken is fixed at RM9.40/kg and RM10.40/kg for super chicken. – The Vibes file pic, October 12, 2022

PUTRAJAYA – The government has decided to continue implementing the maximum chicken and egg price determination period effective today, with the ceiling prices of both items maintained.

Domestic Trade and Consumer Affairs Ministry Secretary-General Datuk Azman Mohd Yusof said the policy will be continued with a new subsidy rate given for chicken eggs at RM0.08 each for the farm operators.

“This is due to the production cost increase, causing re-coordinating of the chicken egg price at the farm and wholesale levels in order to maintain the price.

“The maximum chicken price at all levels, namely, farm, wholesale, and retail, remains,” he said in a statement today.

“Through the maximum price determination, the maximum retail price in Peninsular Malaysia for whole standard chicken is fixed at RM9.40/kg and RM10.40/kg for super chicken.

“The maximum retail price of Grade A chicken eggs has been set at 45 sen each, grade B (43 sen), and grade C (41 sen) in the peninsula, while for Langkawi, Sabah, Sarawak, and Labuan, the maximum prices of chicken and eggs vary, depending on the zones and districts.” he added.

Azman also said that the Agriculture and Food Industries Ministry was collaborating with the Domestic Trade and Consumer Affairs Ministry in monitoring the situation to ensure sufficient supply of necessities in the country and that prices remain stable.

He said 2,249 enforcement officers had been mobilised to the consumers’ focal locations such as wet markets, pasar tani, and hypermarkets across the country to carry out daily inspections and monitoring.

“This is to ensure that each trader obeys the relevant laws and does not take advantage by selling the necessities, including chicken and eggs, at above the prices set by the government.

“Stern action will be taken against errant traders including under the Maximum Chicken and Egg Price Determination regulation,” he added. – Bernama, October 12, 2022

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