KUALA LUMPUR: Malaysian consumers face rising egg prices over the next three to six months, with supply constraints, weather disruptions and farm shutdowns driving a sharp market turnaround after years of surplus.
Grade C egg prices, which dipped to around 20 sen in April and May, recovered to roughly 33 sen by the end of June and surpassed 40 sen in August, lifted by Perak farm closures and rising feed costs, Hong Leong Investment Bank Bhd (HLIB) analyst Jonathan Ooi said.
QL Resources Bhd, one of Malaysia's largest integrated poultry players, expects the uptrend to persist, though margins face pressure. Corn and soybean meal costs are already over 10 per cent higher year-to-date, with cheaper inventory providing only a roughly two-month buffer, Ooi said.
