Govt will not interfere in chicken demand-supply dynamics, says minister - News Summed Up

Govt will not interfere in chicken demand-supply dynamics, says minister


“I don’t say this is not a concern, but still this is an open market. The government will try as much as possible to leave it to the open market and not overly interfere in that. Malaysia’s export ban on chicken is in its fourth week and Singapore is Malaysia's largest chicken importer, accounting for almost 98% of chicken supply. On June 1, the government instituted a ban on chicken exports to ensure supply for domestic consumption remains stable. However, the Agriculture and Food Industries Ministry on June 15 allowed the export of live “kampung" chicken, black chicken, all chicken-based products and day-old chicks parent stocks.


Source: The Edge Markets June 23, 2022 12:57 UTC



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