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Sufficient foreign currencies needed to control prices in Iran poultry market (Exclusive)

Business Materials 27 May 2018 23:31 (UTC +04:00)

Tehran, Iran, May 28

By Kamyar Eghbalnejad- Trend:

The secretary of Iran’s Association for Broiler Chicken Production Units called on the government to provide producers with sufficient foreign currencies so that they can import animal and poultry feed and control meat prices in the domestic market.

The unified rate of 42,000 rials for a dollar has so far failed to address the problems and foreign currencies should be given to production units as much as they need, Ali Saberi told the Trend news agency on May 28.

The country’s production sector should be nurtured with enough currencies as producers and manufacturers ought to import their required goods and control animal and poultry feed prices in the domestic market, he added.

Accordingly, they can control meat prices, he said.

He warned that if the government ignores the needs of the country’s poultry industry, the prices of poultry products will rise.

“By allocating enough foreign currencies (to the production units), the government can help improve the current situation and salvage production”, Saberi further said.

An average of $3 billion worth of livestock, poultry and fish feed inputs are imported by Iran every year, according to Iranian media.

Iran imported 55,000 tons of livestock concentrates, supplements and additives worth close to $65 million from 41 countries in 2016.

Iran accounts for 0.3% of the global livestock concentrates, supplements and additives imports.

More than 200,000 tons of different types of livestock, poultry and fish feed worth $68 million were exported from Iran to 11 countries in 2016.

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