KUALA TERENGGANU (Sept 7): Drastic price hikes of wholesale chicken in the last one month have placed restaurant operators and caterers in Terengganu under pressure because they have to absorb the cost increases. "Suppliers cannot arbitrarily increase the prices of chicken because it impacts greatly (the) restaurant operators especially those using chicken as the main ingredient in (their) food menus. "The wholesale price of chicken in Kelantan is only RM5.50... Meanwhile, a check at the Pasar Besar Kedai Payang found that the retail price of chicken at the central market is RM9.50 per kg. The traders said they are forced to sell at that price because the wholesale price touched RM8, while adding that they hope the Domestic Trade and Consumer Affairs Ministry will quickly address the issue.

Source: The Edge Markets September 07, 2021 08:15 UTC