Reported 7 months ago
This week, wholesale and production prices for eggs dropped by another 3 yuan to 27.5 and 37 yuan per catty respectively, marking a fifth consecutive drop and reaching a new low in nearly 2 years. Due to poor egg sales, the Taipei Egg Merchants' Association urged the catering industry to lower prices moderately to stimulate demand. With egg production exceeding daily demand and entering the low season, surplus eggs have led some in the southern region to feed them to pigs or sell them below market prices, prompting appeals for price reductions to increase consumer interest.
Source: YAHOO