Chicken lovers, I’ve got some bad news for you.
It seems that from next week, the price of fresh chickens in Singapore might increase.
Poultry Merchants’ Association chairman Ong Kian San told ST that he expects the prices of fresh chicken sold to supermarkets and wet markets to increase by 10-15% next week.
He explained that since the MCO started in Malaysia back in March 2020, demand for poultry dropped “drastically”.
This has driven farmers to stop rearing chickens.
So now, when the demand for chickens in both Singapore and Malaysia is high, the supply is unable to catch up, which is why prices for chickens have increased.
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Suppliers Have Been Absorbing Costs
Actually, over the course of the past two weeks, the price of chickens across the causeway has increased by 45%.
Most of the suppliers themselves have been absorbing the extra cost but, Mr Ong says, it’s likely that they’ll now have to increase the price.
Some stallholders at wet markets have seen the price of chicken increase by 20 to 30 cents but they have been absorbing the increased costs.
One of them said:
“Their prices will still go up but our prices won’t. We just have to withstand it for now. We can’t be expensive.”
Meanwhile, another vendor said he had to increase the price of his chickens to cope with the price hike.
Don’t Be In A Rush To Hoard Chickens
I know what some of you are going to do next.
Go out to buy chickens like you’re going to have them every single day for the rest of May 2020, right?
Don’t do it.
FairPrice says that they’ll work with suppliers to try and keep fresh chickens affordable.
While the cost will increase, the supply will not be affected.
Meanwhile, SFA has also stepped up to assure Singaporeans that food supplies are stable:
“Our food supply, including for items such as eggs, fish, chicken, fruits and vegetables, has remained relatively stable so far. SFA has been undertaking long-term planning and is proactively taking action to safeguard our food supply.”
If you want a 4-minute-19-seconds rundown on Singapore’s food situation simplified for you, you can watch this video below:
Be Understanding Too
Also, try to be understanding if your neighbourhood-friendly chicken rice uncle has to increase the prices of his food.
After all, you know, deep down within your heart, that he’s not doing it because he wants to earn more money.
He’s doing it because he has no other choice.
Here’s a recap in case you missed it:
“Their prices will still go up but our prices won’t. We just have to withstand it for now. We can’t be expensive.”
‘Nuff said.
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