July 18, 2021 | Investopaper
The price of broiler chicken meat has gone up to Rs 415 per kg due to the impact of Covid-19. The price of chicken meat has gone up by Rs 100 per kg in a month.
In Kathmandu Valley, retailers are selling chicken meat at Rs 415 per kg. Likewise, live chicken has been selling at Rs. 280 per kg.
Consumption of chicken meat has also increased as the lockdown has been relaxed. Now, hotels and restaurants have come into operation. Prices, which have fallen sharply since Covid began, have risen lately.
Poultry farmers have accused the hatchery industry and middlemen of being the main factor in the increase in the price of poultry meat. Jhalak Poudel, president of the Nepal Poultry Farmers’ Association, said that farmers in the Terai including Chitwan are selling live chickens at Rs 240 per kg and farmers in the Kathmandu Valley at Rs 260 per kg.
Five lakh kg of meat is consumed in the Kathmandu Valley while one million kg of meat is consumed daily in Nepal.