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Iranian chicken meat price rises by 12 per cent

Business Materials 28 January 2013 14:12 (UTC +04:00)

Azerbaijan, Baku, Jan. 28 / Trend F.Mehdi/

The chicken meat price has risen in Iran by about 12 per cent within two days, Khorasan Persian language daily reported.

On Sunday, chicken meat was sold at 56,000 rials (about $4.5) per kilogramme, showing a 7000 rials increase compared to the previous two days.

"The main reason for the price rise was down to the high prices of red meat and fish. This issue has forced people to buy chicken meat which pushed the price up," the head of the union of chicken farmers Mohammad Yousefi said.

On January 15, ISNA reported that Iran has stored 85-90,000 tons of chicken meat and exported consignments of the product to Iraq and Afghanistan.

By the end of the current Iranian calendar year (March 20, 2013), some 1.85 million tons of chicken meat is estimated to have been produced, according to the report.

Permission has been issued for exporting 20,000 tons of chicken meat by the end of the year.

On January 9, IRNA quoted Saeid Soltani-Sarvestani, managing director of the national union of animal farmers as saying that Iran is near to attain self-sufficiency in producing red meat as just 10 per cent of the domestic need is currently imported. Plans are underway to increase red meat production and reduce market prices, he added.

Currently, around 970,000 tons of red meat is produced in the country, he said, adding that the figure is projected to be boosted by 705,000 tons over the course of five years.

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