Chicken Prices Plunge 50% in Hyderabad During Karthika Masam

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Chicken Prices Plunge 50% in Hyderabad During Karthika Masam

HYDERABAD, India – Chicken prices in Hyderabad have plummeted by half amid the ongoing Karthika Masam festivities. The price of skin-on chicken has dropped to Rs 151 per kg, while skinless chicken is now selling for Rs 172 per kg. These are the lowest prices observed in the past several months.

The decline in chicken prices is attributed to a decrease in demand during Karthika Masam, a Hindu holy month that is considered highly auspicious. Many devotees choose to abstain from meat during this period, opting for vegetarian food instead.

This annual trend of reduced chicken demand during Karthika Masam has been observed by local chicken shop owners. Abhilash Babu, a chicken trader, said, “Karthika Masam has affected our business. Meat consumption came down and prices also went down due to poor demand. Every year, the demand for chicken drops during this period. The price fell significantly this year due to increased production but decreased demand.”

Market experts anticipate that chicken prices will stabilize by the end of the Karthika month and remain at the current levels for the next few weeks.

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