Business

Chicken prices drop in Punjab, Pakistan; Check latest rates here

Published by
Web Desk

LAHORE: Chicken meat is one of the most consumed meats in Pakistan. The demand for poultry remains high throughout the year, as it is widely used in all kinds of dishes.

Chicken prices massively increased after Eid-ul-Fitr 2024, breaking all previous records in Lahore, Punjab.

While the Punjab Food Ministry has now announced a ban on the export of chicks while taking measures to deal with the increasing prices of broiler chicken.

As per reports, the Livestock Department has prepared a proposal for the ban, which has been sent to the Punjab government for further consideration.

According to media reports, the implementation of this ban is likely to reduce the price of chicken by Rs 200 per kg.

Read More: Massive hike in chicken price in Lahore, Punjab; check the latest rate here.

Earlier, the escalating prices put a huge pressure on consumers’ purchasing power, with the cost of poultry meat reaching Rs 650 to 800 per kg in the local market. This surge marks a 40% increase in poultry prices over the past month, exacerbating market volatility.

Poultry prices in Punjab

Live Broiler (per kilogram) sold wholesale: Rs. 390
Live Broiler (per kilogram) sold in retail: Rs. 406
Broiler Meat (per kilogram) sold in retail: Rs. 612
Eggs from farms (per packet): Rs. 6990

These prices reflect the current market rates in the poultry industry.

Read More: Chicken price likely to fall by Rs200 per kg in Pakistan

Earlier this month, Punjab Chief Minister Maryam Nawaz has issued instructions to the administration to monitor all market rates across the province.

While people complained about a lack of checking by the administration and related departments.

Web Desk

Recent Posts

Emergency LNG cargo purchase initiated by PLL

ISLAMABAD: In view of the increasing tension in the region and the fears of closure…

5 minutes ago

IMF projects higher inflation than government’s target

ISLAMABAD (Rizwan Abbasi): The International Monetary Fund (IMF) has projected that Pakistan’s average inflation rate…

1 hour ago

PM Shehbaz condemns attacks on KSA, reaffirms Pakistan’s solidarity

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday strongly condemned the recent attacks on Saudi Arabia,…

1 hour ago

Gold prices drop by Rs5,600 per tola in Pakistan

KARACHI: The gold prices in Pakistan have been reduced to Rs 424,136 following a reduction…

3 hours ago

When will Safar moon be sighted? SUPARCO predicts

ISLAMABAD: According to Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), the new moon of…

4 hours ago

11 died as house collapses in Kohat after heavy rains

KOHAT: A residential house collapsed due to heavy rain in the Malgin area of ​​Lachi…

4 hours ago