Egg on the boil! Prices shoot up 40%

Hit by tight supply in the many states, egg prices in the country have increased by up to 40 per cent. Poultry Federation of India President Ramesh Katri on Monday said, “the prices have jumped by up to 40 per cent to Rs 7-7.50 per piece in retail markets in most parts of the country, hit by tight supply.” He added that the upward trend would continue in coming months as egg production is likely to be lower by 25-30 per cent this year. “Egg prices have increased significantly as…

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