The egg shortage caused by bird flu has no end in sight.
[Financial Channel/Comprehensive Report] Japanese media reported that the egg shortage caused by bird flu has no end in sight. The wholesale price of 1 kg in the Tokyo market has risen to 350 yen, an increase of 60% in a year.
Due to a chronic shortage of eggs, those who want to buy eggs have to draw lots.
According to Nikkei Asia, the egg shortage caused by bird flu continues to spread around the world. Eggs around the world are skyrocketing, and there is still no sign of improvement. JA Quannong Eggs JA.Z-TAMAGO, located in Shinjuku District, Tokyo, has a wholesale price of M size eggs 1 The kilogram rose to 350 yen, an increase of 60% a year.
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Retail prices have also risen accordingly. The Nikkei POS information, which collects data from retailers across Japan, shows that the average price of eggs in March fell to 235 yen, an increase of 40% over the same period last year.
The supply of eggs is tight, and those who want to buy eggs have to draw lots to decide.
The Palsystem Living Cooperative Association in Shinjuku, Tokyo receives orders from members through channels such as the Internet, and then delivers them to customers.
The person in charge said that due to the large increase in the number of orders placed by members, a lottery system has been adopted since the end of March.
This wave of egg shortage has triggered a rise in egg prices, and fewer people eat eggs.
Data show that per capita egg consumption in Japan is down 5% from a year ago.
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