BY NUR FARIHAN RAZALI
MUKAH: The price of chicken is expected to rise following the recent announcement of subsidy termination and price control by the government.
A survey conducted at various supermarkets and wet markets in the area found that chicken prices have not yet been adjusted significantly, with the average price per kg ranging from RM10 to RM13.
According to an anonymous supermarket employee, they plan to increase chicken prices on Friday (Nov 3). The increase is expected to be gradual, varying by chicken part, following the lifting of subsidies and price controls.
“The price hike may range from a few cents to a few ringgit, depending on the type of chicken being sold,” said the employee.
He further explained that the termination of subsidies and price controls burdens everyone, as it is well-known that the prices of other essential goods are also on the rise.
“Store owners, seeking profit in their businesses, must consider both the cost of goods and employee wages. However, we must also align with government policies; if prices are raised, businesses need to adjust to avoid losses.”
To this end, he hoped that the government would raise the minimum wage across all sectors, accordingly, given the increasing cost of living.
Another market vendor, who wished to remain anonymous, mentioned that they would adjust prices on Friday upon receiving a fresh supply of chicken.
“The price increase may not be sudden, but it is inevitable. Initially, chicken prices may go up by an estimated 50 cents, but if suppliers set higher prices, we may have to adjust accordingly,” explained the vendor.
On the other hand, Shahril Nizam, a 25-year-old chicken seller, shared that the raw chicken prices in the market remain unchanged despite the subsidy and price control termination.
“Hence, I am still selling fried chicken for RM2 per piece. However, if there are changes in the raw chicken prices, the selling price will definitely be adjusted.
“The increase won’t be too drastic, maybe around 50 cents, or the price may stay the same with variations in size and quantity.”
He highlighted that the anticipated price hike might lead to a reduction in customers, but he is determined to persevere in his business despite the rising costs.
Meanwhile, Rahmah Mustapa, a 48-year-old restaurant owner, expressed apprehension about the termination of chicken subsidies and price controls.
As a food business owner, she drew attention to the challenges of adjusting food prices, considering that some customers may not understand the current economic situation.
“For them, it might seem like we are arbitrarily increasing prices, but in reality, we are following market prices. If raw material costs increase, we must adjust prices to avoid losses.”
Previously, her establishment sold a portion of chicken curry and fried chicken wings for RM1.50, but if chicken prices rise, they plan to increase it to RM2.
