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Jakarta Post

Govt anticipates chicken, egg prices to continue rising

News Desk (The Jakarta Post)
Jakarta
Sat, December 10, 2016

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Govt anticipates chicken, egg prices to continue rising A man sorts chicken eggs at a farm in Cianjur, West Java, on Nov. 30. (Antara/Agung Rajasa)

T

he Trade Ministry expects chicken and egg prices to continue to increase in line with growing demand during the Christmas, New Year and school holidays, all of which will fall in the fourth week of the month.

The ministry’s director general for domestic trade, Oke Nurwan, said on Friday that the prices for both commodities were now higher than last month.

“As of Thursday, the chicken meat price increased by 2.4 percent to Rp 30,600 per kilogram, while eggs dropped by 2.3 percent to Rp 22,490 per kg. We expect that the figures will continue to increase until the end of the month,” he said, adding that the price increases would still be normal.

He said the ministry would take measures to prevent dramatic price surges by monitoring regional markets.

 “We will make sure stocks meet demand, as well as monitoring the prices [of the commodities],” he said, adding that joint teams from the government would also coordinate to prevent commodity stockpiling.

Meanwhile, the ministry has recorded that the prices of other commodities have remained relatively stable. The red chili price, for instance, has decreased by between 9.8 percent and 14.6 percent from last month. 

“Currently, the red chili price stands at between Rp 45,960 and Rp 49,150 per kilogram, as the commodity’s supply is increasing at central markets,” he said. (adt/evi)

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