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Home >> Business
UPDATED: 14:22, March 26, 2006
Poultry industry faces collapse in Nepal
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The poultry industry in Chitwan, one of the largest such in Nepal, is on the verge of collapse.

According statistics, there are over 15,00,000 chickens in Chitwan district alone.

The price of chicken slumped significantly here and even cheaper than that of green vegetables at Kamalnagar road near Shahid Chowk in Narayangarh city in Chitwan district in central Nepal, some 100 km west of Kathmandu.

People can buy a whole chicken at the price of 50 to 70 Nepali rupees (about 1 U.S. dollar).

Eggs are sold at the price of 40 rupees (0.57 dollars) per crate in comparison with 100 rupees (1.42 dollars) per crate earlier.

The chicken supply was stopped at the capital and other districts as business people started selling meat of even the parent stock that was used for chicken production. They were discouraged due to recent rumors of bird flu on the market, Chairman of Nepal Poultry Entrepreneurs Forum Til Chandra Bhattarai told reporters here on Sunday.

Bhattarai said chicken sold on the market is totally healthy and is safe for consumption.

Ever since the report on outbreak of H5N1 bird flu in Maharashtra State of India was made public, sales of chicken and eggs have declined dramatically in the country.

Statistics reveal that chicken consumption, which used to hover at around 150,000 kg per day, and sales of eggs, which used to stand at around 1.8 million units per day, has dropped almost 80 percent at present in the country.

This not only dragged down the chicken price by almost 50 percent, but also affected business of poultry farms, feeds manufacturing industries, hatchery industries, egg producing industries and tray producing industries.

Source: Xinhua

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