THE government has agreed to continue with the ceiling price for standard chicken at RM9.40 per kg, said Domestic Trade and Consumer Affairs Minister Alexander Nanta Linggi.
He said the Cabinet reached the unanimous decision on Friday, adding that the government also decided not to float chicken prices in response to feedback from several quarters.
“Further details regarding the decision will be announced after the Special Task Force on Jihad Against Inflation meeting tomorrow,” he tweeted today.
On July 30, KPDNHEP secretary-general Azman Mohd Yusof said the government might not continue with the ceiling price for chicken that was previously set at RM9.40 per kg in the peninsula after August 31 as chicken supply was stable from day to day.
The market price of round chicken was now below the ceiling price, he said, adding that some sellers were offering prices as low as RM6.99 per kg.
He said the majority of suppliers were no longer facing production issues due to growth problems, sick chickens and so on, causing an excess in supply that affected the current price.
Previously, Agriculture and Food Industries Minister Ronald Kiandee said that the government would review the permission to export and the ceiling price of standard chicken after August 31. β Bernama, August 28, 2022.
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