ALOR STAR – The ceiling price of RM9.40/kg for standard chicken will be reviewed to ensure that it is sold at a more stable price.
Domestic Trade and Cost of Living Minister Datuk Seri Salahuddin Ayub said he will hold discussions with industry players to determine the new ceiling price soon as the chicken supply has recovered.
“The ceiling price so far has remained at RM9.40/kg but I see all over the country today that companies are selling below the ceiling price, some are selling at RM7.90/kg, some are selling at RM8.90/kg.
“I am very grateful to them for giving the people a lot of room to get cheaper chicken,” he said after visiting a chicken sales centre here today.
Asked whether the new ceiling price will be lower or higher than the current one, Salahuddin said it would be determined later and he hoped that negotiations could be done with industry players.
Salahuddin said besides holding discussions with chicken suppliers and sellers, his ministry would also meet with the industry’s main players to identify the causes and solutions for the chicken supply issue.
“There are four large companies that I will announce later, I will continue this engagement directly with them, in the upstream, to the source of this problem.
He added that he would need to get complete facts from his own ministry, as well as the agriculture and food security, economy, and international trade and industry ministries.
Meanwhile, he called on retailers especially in rural areas to register with his ministry’s Cooking Oil Price Stabilization Scheme to get subsidised cooking oil supplies directly from suppliers. – Bernama, January 13, 2023
