Chicken prices dip in Telangana due to coronavirus scare

With the coronavirus scare being spread across the country, the chicken prices in Telangana  saw a dip. Around 1,000 crore loss has been incurred after the people were hesistant to buy chicken due to the scare.

After a coronavirus positive case reported in the state, the prices of chicken continue to plummet. The price of skinless broiler chicken remained at Rs 50 per kg on Saturday. While the price was Rs 100 on March 10.

The fall in the price began in February when the rumours about the virus spreading through chicken consumption started. According to the poultry association members, the price of the live bird ranged between Rs 12 and Rs 17 per kg on Saturday.

Worrying about the dip in the prices, the poultry association said that they were not sure when the business will be back on track. The efforts of minister KT Rama Rao who refuted the rumours by taking a bite of the chicken piece also went in vain, the association said.