KUALA LUMPUR: From Wednesday, chicken prices will be determined by market forces after the government announced terminating chicken price control and ...
: From Wednesday, chicken prices will be determined by market forces after the government announced terminating chicken price control and subsidies today as a measure to reduce leakages enjoyed by foreigners and high-income earners.
Two chicken traders in Perlis, Mohammad Hafiz Zamri, 21, and Mardiana Mohd, 37, agreed that the Ministry of Domestic Trade and Cost of Living needs to continue monitoring to ensure that no traders take advantage of excessive prices. “Currently sellers or traders are more comfortable to sell below the control price because the price of chicken is stable and there is a huge supply of chicken. The effect of ceasing the subsidy will not be felt in the near term but if there is a price increase, it may not reach more than RM10 for one kg,“ he said.
Fresh chicken supplier P. Vikram, 33, from Perak who shares the same view as Nik Azwar, described the government’s announcement as a relief for traders. Sharing the same view, food trader, Samiha Abdul Hadi, 35, also hopes that chicken traders will not raise the price of chicken arbitrarily.
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