Poultry Development Association member companies announce 5% reduction in egg prices
Member companies of the Poultry Development Association, including Savaneti, Dila, Koda, and Kumisi, have collectively decided to reduce the price of eggs, a primary food staple, by 5%.
This decision aligns with the PM’s initiative, aimed at lowering food prices nationwide.
The association’s member companies fully endorse the government’s policy to reduce costs and enhance the social well-being of the population.
According to the statement, they acknowledge that this move entails certain risks, particularly regarding profit margins, and that minor fluctuations in product prices may occur throughout the year, largely influenced by global raw material costs. Nonetheless, they believe that through concerted effort and collaboration, these risks can be effectively managed and balanced.
Furthermore, the companies trust that the government’s proactive collaboration with the retail sector to reduce markups will impact final prices and product availability.
As representatives of the Poultry Development Association, these companies express their readiness to contribute to establishing stable and equitable market prices and to support the improvement of social conditions nationwide.