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PUTRAJAYA – 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 Datuk Seri Alexander Nanta Linggi.
He said the cabinet reached the unanimous decision on Friday (August 26), adding that the government also decided not to float chicken prices in response to the feedback from several quarters.
“Further details regarding the decision will be announced after the Special Task Force on Jihad Against Inflation meeting tomorrow,” he said in a tweet, here today.
On July 30, Domestic Trade and Consumer Affairs Ministry secretary-general Datuk 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 the chicken supply is stable day by day.
This is because the market price of round chicken is now below the ceiling price, he said, adding that some sellers are offering prices as low as RM6.99 per kg.
He said the majority of suppliers are no longer facing production issues due to growth problems, sick chickens and so on, causing an excess in supply which affects the current price.
Previously, Agriculture and Food Industries Minister Datuk Seri Ronald Kiandee said that the government would review the ceiling price of standard chicken and the permission to export after August 31. – Bernama, August 28, 2022