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Industry

Sharp decline in egg rates: South India's key production centre experiences price correction

Egg prices in Namakkal, South India's largest production hub, have sharply declined from a record high of ₹6.40 on January 1 to ₹5 in just 20 days, as increased production and reduced demand ahead of the Thaipusam festival contribute to this market correction. Retail prices remain around ₹6.50 per egg, reflecting a significant adjustment after a peak driven by seasonal demand.

Sharp decline in egg rates: South India's key production centre experiences price correction

Credit: Mathrubhumi

Key Highlights

  • Egg prices in Namakkal dropped from ₹6.40 to ₹5 in 20 days.
  • The wholesale rate fell by ₹1.40 due to increased production.
  • Reduced demand ahead of the Thaipusam festival is impacting prices.
  • Retail prices are currently about ₹6.50 per egg.
  • Namakkal experienced its highest-ever egg prices in December.
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Sources

  1. Sharp decline in egg rates: South India's key production centre experiences price correction

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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