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PoultryWorld - Russian poultry market braces for a price hike


PoultryWorld
Russian poultry market braces for a price hike
A group of retailers has appealed to the Russian government, seeking permission to sharply raise prices for poultry and eggs on the grocery shelves.
As poultry companies plan to increase their prices by about 10% against the backdrop of the continuing avian influenza (AI) epidemic, supermarkets want to safeguard their margins.
Russian supermarkets want to raise the price of poultry meat and eggs as their suppliers calculate higher prices too. Photo: ANP
The product volumes on the market have shrunk recently due to a seasonal factor and due to the mass AI spread in Southern Russia, in Krasnodar Krai, Stavropol Krai, and Rostov Oblast. From there, the disease began spreading into European Russia, Sergey Belyakov, chairman of the Russian retail companies association told a newspaper Izvestia. ....

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