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Egg prices escalate to Rs 100 per dozen in Mumbai; no relief till January: Traders

Egg prices in Mumbai have soared to Rs 96-100 per dozen due to de... Read More
MUMBAI: The cost of the humble egg, a key source of protein, has escalated to an astronomical Rs 96-100 per dozen or Rs 8 apiece in retail shops citywide. Traders warn that no relief is imminent until mid-Jan. On Tuesday eggs sold for Rs 96 in Lokhandwala Complex, Andheri, Rs 96-108 Bandra, Rs 96-100 in Jogeshwari, and Rs 88 in a wholesale-cum-retail store in Mahim where sales volumes are large.

Thane's Kalwa wholesalers sold for Rs 84. Raju Shewale, vice chairman, National Egg Coordination Committee (NECC)'s Mumbai zone, said, "Production has dropped significantly in South India owing to the onset of winter. The present wholesale rate for 100 eggs is Rs 650 and may rise to Rs 700-725 in coming days."

In Bandra, Ayaz Khan of Aziz Broiler quoted Rs 96 per dozen while wholesaler Joseph's sold them for Rs 90. The manager of Breadkraft in Lokhandwala said, "Consumption of eggs has increased in production areas itself, causing a shortage in despatches to Mumbai. Moreover, Christmas will see demand peak as eggs are used in baking cakes and goodies. So rates will remain high throughout December."

Abdul Rahim, who owns House of Eggs in Mahim, said, "The wholesale price is Rs 6.75 per egg or Rs 675 per 100. The retail rate at my shop is Rs 88 per dozen but certain shops in Bandra are selling for Rs 108."

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