Cap on poultry canceled over plummeting prices – Ministry

The Ministry of Industry, Trade and Supply explained on Monday that revoking the price cap on poultry was a result of a plunge in the prices of fresh chicken and chicken sold through farmgates. The ministry said in a statement that the decision came after the price of chicken fell below the set price floors, noting that fresh chicken is being sold for less than two dinars per kilogram, while chicken sold through farmgates is being sold for less than JD1.65 per kilo, which makes the price cap unnecessary. The ministry’s monitoring teams are keeping an eye on the prices of poultry and will take appropriate measures to ensure that prices are stable.

Source: Jordan News Agency