JAKARTA. Chicken meat prices have continued to drop since late January because of oversupply, causing poultry businesspeople to suffer losses.On Thursday, the price of chicken meat was Rp 11,000 (83 US cents) to Rp 13,000 per kilogram.People’s Poultry Association (Pinsar) Hartono said the condition was caused by an oversupply of grand parent stock (GPS) since 2015.
Chicken price drops due to oversupply
JAKARTA. Chicken meat prices have continued to drop since late January because of oversupply, causing poultry businesspeople to suffer losses.On Thursday, the price of chicken meat was Rp 11,000 (83 US cents) to Rp 13,000 per kilogram.People’s Poultry Association (Pinsar) Hartono said the condition was caused by an oversupply of grand parent stock (GPS) since 2015.