Login ID:
Password:
Partner Login
Contact Us : 7066511911

Consumers likely to consume more pulses to meet protein requirements as chicken prices soar

29 Jul 2021 10:36 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

New Delhi, 29 July (Commoditiescontrol) Indian consumers are likely to increase consuming more pulses for fulfilling their protein requirements as prices of chicken have gone through roof while pulses turned bearish after the govt slapped stock limits early this month, said an analyst on Thursday.

Over the past few weeks prices of chicken have skyrocketed in the country as poultry feed has become costlier and supply of chicken has also declined as several small poultry farmers have already left the business after they incurred heavy losses during the Covid-19 pandemic, said analyst.


Soybean meal is the chief source of protein for poultry bird but prices of soya DOC have shot up more than two and half times, therefore, feed costs more and the poultry farmers are suffering losses in the business.


The market analysts have to say that with rise in consumption demand for pulses, their prices are also expected to increase as there will be shortage of green vegetables in the coming days due to heavy rains and floods in several parts of the country.



(By Commoditiescontrol Bureau: +91-22-40015505)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Special Reports
ICE raw sugar futures edge higher this week
Indian Weekly Sugar Update 19/09/21
GST reduced from 12 percent to 5 percent on biodiesel
Weekly report on ICE sugar 6th September to 10th Septe...
Weekly: ICE cotton futures edge lower amid increased Br...
more
Top 5 News
Weekly: Pulses slips on listless demand in dals, new ar...
ICE raw sugar futures edge higher this week
Weekly:ICE cotton futures ended lower amid stronger dol...
India major Kharif crop progress and weather update
Indian Weekly Sugar Update 19/09/21
Top 5 Market Commentary
Coriander Prices Subdued in Rajasthan, Gujarat on Slugg...
New-old Moong prevails mixed price trend at selective m...
India Receives 29% Above Normal Rainfall so far in Sept...
Chana mixed in spot mkts on limited mills buying activi...
Paddy Prices Improve as Inclement Weather Disrupts Arri...
Copyright © CC Commodity Info Services LLP. All rights reserved.