Reported about 1 year ago
DaWuShan Ranch explains the recent plummet in egg prices in Taiwan due to an oversupply of chicken eggs, contrasting with the past shortage that drove prices up. The Agriculture Minister called for lower retail prices, citing the excessive supply. Despite the drop in egg prices, certain stores like 7-ELEVEN and breakfast shops maintain higher prices for added eggs. DaWuShan Ranch, now the only pure egg stock in Taiwan's market, manages its operations by adjusting prices based on raw material costs. The company focuses on high-quality eggs and controls production to prevent oversupply, ensuring a balance between market demand and supply.
Source: YAHOO