Feed manufacturers have raised prices twice in a single month as the cost of raw materials climbed by 27%. According to industry representatives, the current market price of finished feed does not fully cover the increased production expenses. Consequently, manufacturers report that they are still facing a loss of more than Tk3 per kilogram of feed produced.
Economy
Poultry feed prices hiked twice in a month due to 27% rise in raw material costs
Poultry feed manufacturers have increased prices twice within a month following a 27% surge in raw material costs.
Source: TBS Bangladesh