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Egg prices rise despite oversupply, minister responds
Taiwan’s agriculture minister warns of inspections if egg prices show monopolistic behavior amid oversupply. Seasonal demand may stabilize prices.
6小時前
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Taipei egg market optimistic despite price hikes
The chairman of the Taipei City Egg Merchants Association is optimistic about the egg market’s future despite recent price hikes. Lin Tien-lai highlights the need to phase out older hens and establish a robust market mechanism to address challenges. Egg prices have risen but remain below production costs, affecting small farms. Lin believes market saturation will adjust over time, leading to recovery.
2024/11/12 20:00
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Consumers’ Foundation slams Taiwan egg price hike
The Consumers’ Foundation criticizes Taiwan’s egg price hike as unreasonable, citing oversupply. Concerns arise over transparency in the price-setting process.
2024/10/28 15:42
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Agriculture minister addresses egg surplus solutions
The Ministry of Agriculture in Taiwan plans to expand egg distribution channels to address a surplus and stabilize prices. Minister Chen Junne-jih highlights the shared responsibility of the industry and the ministry in managing production and sales.
2024/10/17 10:27
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Taipei egg prices drop amid surplus production
Taipei’s egg prices drop to NT$21.5 per catty due to a surplus. The Taipei City Egg Merchants Association cites overproduction and storage issues as key factors.
2024/10/15 21:00
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Taiwan’s CPI rises for fourth month, hitting 2.36% in August
Discover the latest on Taiwan’s economy: August’s Consumer Price Index rose by 2.36%, marking the fourth month of inflation above 2%. Factors include higher rents and dining costs, offset by lower egg and fuel prices. A trend toward stability is expected.
2024/09/06 17:20
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Pingtung duck egg prices drop as supply stabilizes
Discover how Pingtung’s duck egg supply is stabilizing post-Typhoon Gaemi, leading to a price drop from NT$50 to NT$48 per catty ahead of the Mid-Autumn Festival.
2024/08/26 17:27
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Taiwan’s egg farmers face challenges after Typhoon Gaemi
Discover how Typhoon Gaemi and other factors have led to a significant increase in egg prices in Taipei, with a detailed analysis of the current supply and demand situation.
2024/07/28 20:00
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Poultry association to protest feed prices on Aug. 1
Taiwan’s poultry industry plans to protest on Aug. 1, as egg prices hit a three-year low and feed prices remain high despite a drop in international corn prices.
2024/07/22 17:40
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Taiwan sees major egg price cuts amid market slump
Discover how Taiwan’s major retailers are slashing egg prices to the lowest in nearly two years, responding to market conditions and public scrutiny. Learn about the promotions and price cuts starting June 14.
2024/06/14 15:05
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Taipei egg prices hit three-year low amid market slump
Discover the latest on Taipei’s egg market: Prices hit a three-year low with the fifth cut in less than two months amid sluggish demand. Learn how this affects farmers and consumers.
2024/06/12 10:18
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Taipei egg prices drop as summer demand cools
Discover how the Taipei City Egg Merchants Association plans to lower egg prices this summer due to decreased demand, as announced by executive director Liu Wei-chih. Learn about the expected market adjustments and the Ministry of Agriculture’s insights on Taiwan’s egg supply and demand dynamics.
2024/04/23 17:28
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Taipei city egg prices drop post-Lunar New Year glut
Taipei City Egg Merchants Association announces wholesale egg prices will decrease from NT$52 to NT$49 per Taiwan catty due to unsold stock from before the Lunar New Year. The egg market was closed during the holiday, resulting in no quotations. To alleviate pressure on sales, the farm-gate price has been reduced by NT$3, now at NT$42.5. The association is monitoring demand and potential price adjustments as primary and secondary schools reopen. Current pricing remains unchanged.
2024/02/16 14:03
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Taiwan boosts avian flu checks amid regional outbreaks
Taipei’s Acting Minister of Agriculture, Chen Junne-jih, announced the implementation of a specialized avian influenza prevention program in September, including increased testing frequency to monitor the disease. This comes in response to recent outbreaks in Japan and chicken farms in Yunlin County, raising concerns about egg price hikes and shortages. Chen warned that the situation may worsen with the expected drop in temperature next week. Taiwan has been conducting active and passive surveillance for avian influenza since September, focusing on high-risk areas near migratory bird paths and implementing biosecurity measures at poultry farms. Chen assured that the country’s egg production capability has recovered since the shortage earlier this year, with reserves of liquid eggs available for emergencies. Domestic egg reserves will be released first in the event of increased market demand, with the import of liquid eggs only considered if a severe outbreak leads to a supply shortage. Chen emphasized the importance of maintaining appropriate stock levels through the imported egg project to ensure a stable egg supply despite the challenges posed by avian influenza.
2023/12/12 17:54
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Domestic egg supply stable: Minister of Agriculture
Taiwan’s domestic egg production is currently sufficient to meet consumer demands, eliminating the need for imports, according to Acting Minister of Agriculture Chen Junne-jih. Speaking at a joint meeting of the Legislative Yuan’s committees, Chen stated that the country produces around 24 million eggs per day, with approximately 34 million laying hens. While the domestic egg supply is stable, Chen highlighted that some schools’ ban on liquid eggs has weakened consumer demand, leading to increased stock and pressure on national egg production. Chen hopes that the ban can be reconsidered and lifted to maintain stable egg supplies. The potential decrease in egg prices depends on consumer demand, and Chen suggests that incorrect dietary restrictions could create market pressures.
2023/11/20 16:28
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Egg prices soar again amid imported eggs controversy
Driven by recent imported egg controversies, the increasing egg prices in Taiwan have raised concerns. Heightened demand for domestic eggs has outpaced supply, leading to historic price hikes.
2023/09/25 20:02
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Premier admits oversights in egg imports, vows to reform
Premier Chen Chien-jen delivers a special report to the Legislative Yuan addressing the controversy surrounding egg imports on Friday (Sept. 22). Acknowledging oversights and expressing regret for the social disturbances caused by the emergency importation, Chen hopes to appease the public’s anger by vowing to implement reform.
2023/09/22 12:28
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Typhoon causes price surge in Taiwan’s food market
Despite Typhoon Haikui moving away, food prices in Taiwan remain high. Imported vegetables have also become more expensive due to disrupted shipping schedules.
2023/09/05 21:27
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Grocery store shelves emptied as egg prices increase
The price of eggs per Taiwan catty increased by NT$2 last week.
2023/02/18 19:00
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Taiwan egg price remains the same despite shortage
The Taiwan Council of Agriculture (COA) has decided to put a stop to egg price hikes, despite a shortage of 4.6 million eggs.
2023/02/08 18:00
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Taiwan convenience stores to raise tea egg prices
A well-known convenience store chain has announced it will be increasing its tea egg price from NT$10 to NT$13 on Dec. 28 in an effort to combat the rising prices of chicken feed.
2022/12/21 16:53