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Saudi Arabia - Shortage of Eggs Drives Up Prices in Region

sharon sanders

Editor-in-Chief & President
<table id="article_edit" border="0" cellpadding="0" cellspacing="0"><tbody><tr><td class="Heading"> Bird flu ban on eggs hits hard

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By Binsal Abdul Kader, Staff Reporter
Published: December 03, 2007, 01:41

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Abu Dhabi:



There is an acute shortage of eggs in the market, leading to a rise in prices, market officials have said.

There is a 60 to 85 per cent shortage following the ban on Saudi eggs recently due to bird flu, resulting in around 15 to 55 per cent price rise.

The prices of locally produced eggs have risen 10 to 20 per cent and imported egg prices from 40 to 55 per cent, according to market officials.

The absence of Indian eggs which were banned four months ago has added to the problem.

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The official disclosed that suppliers of a particular brand increased the retail price of medium size eggs from Dh14 to Dh22 per tray.
"We face about a 60 per cent shortage of supply," said a senior official of Union Cooperative Society in Dubai. "We have requested the government to announce an official increase in egg prices to prompt more supplies from distributers," said Ebrahim Al Bahar, assistant general manager.

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Stocks exhausted
A supplier of Saudi eggs said their stocks are almost exhausted and there is no alternative. "We are able to supply just 10 per cent of regular supply and that, too, will stop soon," said Roop Kumar, sales manager of Al Seer Trading Agencies, Distributor of Al Watania Eggs.

Indian and Saudi eggs together constitute 50 per cent of the market, said Dr Hussain Hassanain, associate professor of Poultry Diseases and Technical Secretary of the Emirates Poultry Producers Association.


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http://www.gulfnews.com/nation/Society/10171949.html


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