UAE hikes poultry prices: 3 reasons why cost of eggs, chicken will increase
- Date: 21-Mar-2023
- Source: Khaleej Times
- Sector:Agriculture
- Country:UAE
UAE hikes poultry prices: 3 reasons why cost of eggs, chicken will increase
The decision has been taken after retailers in the UAE requested the ministry to allow a price hike to cut losses
Published: Tue 21 Mar 2023, 6:00 AM
The UAE's Ministry of Economy (MoE) has allowed retailers in the country to increase the prices of eggs and poultry products temporarily.
The decision has been taken after retailers in the UAE requested the ministry to allow a price hike to cut losses.
The ministry will reassess the prices and market situation in a six-month time and take a decision.
Some of the retailers have increased prices of the two commodities in line with the ministry’s instruction to hike rates by a maximum of 13 per cent.
Retailers argued that production costs have increased drastically, hence becoming a challenge to maintain the current rates.
Below are the three main reasons that ministry allowed the prices of eggs and chicken to be increased in the UAE temporarily by retailers:
The companies have reasoned that production costs, which involve the cost related to raw materials for poultry products, manpower and others, have grown for the producers, hence, they called on the ministry to allow hiking prices of the items. Some other countries are also faced with this dilemma where prices of poultry
;
The UAE Ministry clarifies that the approval to increase the prices of eggs and poultry products in UAE is temporary and in accordance with the provisions of the law on consumer protection
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3 reasons why cost of eggs and chicken will increase.
The UAE's Ministry of Economy has allowed increase in the prices of eggs and poultry products temporarily #UAE #Dubai #DXB
3 reasons why cost of eggs and chicken will increase.
The UAE's Ministry of Economy has allowed increase in the prices of eggs and poultry products temporarily
യുഎഇയിൽ മുട്ടയ്ക്കും കോഴിക്കുമുണ്ടായ വില വർധന എല്ലാ ബ്രാൻഡുകൾക്കും ബാധകമല്ലെന്ന് സാമ്പത്തിക മന്ത്രാലയം https://news.radiokeralam.com/uae/ministry-of-economy-on-prices-of-egg-and-poultry-products-328424?utm_campaign=pubshare&utm_source=Twitter&utm_medium=1559384638040055808&utm_content=auto-link&utm_id=106
Time for a Media Round Up!
Global chicken and egg prices are going up.
Even in Saudi Arabia.
Again - main culprit, the cost of feed.
Link Down Below:
https://www.khaleejtimes.com/uae/some-uae-retailers-increase-prices-of-eggs-poultry
రమదాన్: కిరాణా వస్తువులపై 70% వరకు ఆదా చేయడం ఎలా?
https://www.maagulf.com/view/76928/latestnews/ramadan-2023-in-uae-how-residents-can-save-up-to-70-on-groceries-despite-hike-in-prices-of-poultry-eggs
#UAE #Ramadan #MaaGulf
This comes as the UAE’s Ministry of Economy has allowed retailers to hike prices of eggs and poultry temporarily by 13 per cent due to challenges related to imports of raw materials and high production costs.
Economyae #UAE #Dubai #DXB
Retailers in #Dubai have advised consumers to search for alternatives and take advantage of the promotions during the holy month of #Ramadan.
Photos: ktsajjad
https://www.khaleejtimes.com/ramadan/ramadan-2023-in-uae-how-residents-can-save-up-to-70-on-groceries-despite-hike-in-prices-of-poultry #UAE #Dubai #DXB
Retailers in #Dubai have advised consumers to search for alternatives and take advantage of the promotions during the holy month of #Ramadan.
Photos: @ktsajjad
https://www.khaleejtimes.com/ramadan/ramadan-2023-in-uae-how-residents-can-save-up-to-70-on-groceries-despite-hike-in-prices-of-poultry
UAE hikes poultry prices: 3 reasons why cost of eggs, chicken will increase http://dlvr.it/SlDSsC
#UAE hikes poultry prices: Here are the three main reasons that Economyae allowed the prices of eggs and chicken to be increased temporarily by retailers
https://www.khaleejtimes.com/uae/uae-hikes-poultry-prices-3-reasons-why-cost-of-eggs-chicken-will-increase
#poultry #pricehike #eggs #chicken #UAE #Dubai #DXB
#UAE hikes poultry prices: Here are the three main reasons that @Economyae allowed the prices of eggs and chicken to be increased temporarily by retailers
https://www.khaleejtimes.com/uae/uae-hikes-poultry-prices-3-reasons-why-cost-of-eggs-chicken-will-increase
#poultry #pricehike #eggs #chicken
The decision has been taken after retailers in the UAE requested the ministry to allow a price hike to cut losses
https://www.khaleejtimes.com/uae/uae-hikes-poultry-prices-3-reasons-why-cost-of-eggs-chicken-will-increase #UAE #Dubai #DXB
The decision has been taken after retailers in the UAE requested the ministry to allow a price hike to cut losses
https://www.khaleejtimes.com/uae/uae-hikes-poultry-prices-3-reasons-why-cost-of-eggs-chicken-will-increase
For poultry products, prices have, on average, been hiked by around 11 to 13 per cent.
https://www.khaleejtimes.com/uae/some-uae-retailers-increase-prices-of-eggs-poultry #UAE #Dubai #DXB
For poultry products, prices have, on average, been hiked by around 11 to 13 per cent.
https://www.khaleejtimes.com/uae/some-uae-retailers-increase-prices-of-eggs-poultry
The Ministry of Economy has announced the increasing prices of eggs and poultry products in the #UAE come from the provisions of Federal Law No. 15 of 2020 on consumer protection and further clarified that the price increase is temporary and will be revised in six months.
The Ministry of Economy has announced the increasing prices of eggs & poultry products in the #UAE come from the provisions of Federal Law No. 15 of 2020 on consumer protection and further clarified that the price increase is temporary and will be revised in six months. #uaenews
Some UAE retailers increase prices of eggs, poultry http://dlvr.it/Sl9mjN
The MoE in the UAE has authorized a temporary hike in #eggs & #poultry product prices following a request submitted by companies operating in the sector, citing high production & shipping costs, & an increase in prices of imported raw materials like fodder, leading to losses.🥚🍗
Some retailers in the #UAE have increased prices of eggs and chicken after the Ministry of Economy allowed them to hike the prices of the two consumer items by up to 13 per cent temporarily.
Economyae
https://www.khaleejtimes.com/uae/some-uae-retailers-increase-prices-of-eggs-poultry #UAE #Dubai #DXB
The Ministry of Economy has announced the increasing prices of eggs and poultry products in the #UAE come from the provisions of Federal Law No. 15 of 2020 on consumer protection and further clarified that the price increase is temporary and will be revised in six months.
The Ministry of #Economy has announced the increasing prices of eggs and poultry products in the #UAE come from the provisions of #FederalLaw No. 15 of 2020 on consumer protection and further clarified that the price increase is temporary and will be revised in six months.
Some retailers in the #UAE have increased prices of eggs and chicken after the Ministry of Economy allowed them to hike the prices of the two consumer items by up to 13 per cent temporarily.
@Economyae
https://www.khaleejtimes.com/uae/some-uae-retailers-increase-prices-of-eggs-poultry
The Ministry of Economy has announced the increasing prices of eggs and poultry products in the #UAE come from the provisions of Federal Law No. 15 of 2020 on consumer protection and further clarified that the price increase is temporary and will be revised in six months.
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