Michaung effect: Skyrocketing price of eggs in Kolkata`s retail markets
![](https://portfolio.investmentguruindia.com/uploads/news/Economy_18.12.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
In the last few days, the price of eggs in the retail markets of Kolkata has skyrocketed in an unprecedented manner reportedly because of the cyclone Michaung effect affecting supply to West Bengal from Telangana and Andhra Pradesh.
On an average, the price of one egg is Rs 7.50 in most of the retail markets in Kolkata and in some markets located in the posh areas of the city the price is Rs 8 almost for the last couple of weeks.
Earlier to that the price of one egg used to range between Rs 5.50 to Rs 6 in the retail markets of the city.
According to the members of a task force constituted by the West Bengal government to keep the prices of the essential commodities in the retail markets, West Bengal is heavily dependent on Telangana and Andhra Pradesh for the supply of eggs.
“However, following cyclone Michaung its after-effects could be felt in distinct parts of both Telangana and Andhra Pradesh, following which the supply of eggs to West Bengal had been affected in a major way. We apprehend that it will take some time for the price of eggs in the retail markets of the city to ease to normal rates,” a member of the task force said.
He said that the upward trend in the price of eggs started since the beginning of December and now it has reached such a level.
The general secretary of the Kolkata Egg Merchants’ Association Kajal Dutta admitted that the price rise for eggs in Kolkata’s retail markets had never been as exorbitant as it had been this time.
“Egg is the staple diet for protein for average middle-class Bengali families. Since it is uncertain when the price will stabilize, the pain for such families might continue for some time now."
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)
More News
![](https://portfolio.investmentguruindia.com/uploads/news/Growth 456.jpg)
Despite global headwinds, RBI goes ahead of IMF, pegs growth at 6.5%
![Government reviews Foreign Direct Investment policy on space sector](https://portfolio.investmentguruindia.com/uploads/news/SpaceEconomy.jpg)
![Exploration & Production sector offers investment opportunities worth $100 billion by 2030: Hardeep Singh Puri](https://portfolio.investmentguruindia.com/uploads/news/Oil and Gas Sector_16.jpg)
![BDO India Tax Experts input on Gross Direct Tax collections for the Financial Year (FY) 2024-25 register a growth of 22.19%](https://portfolio.investmentguruindia.com/uploads/news/Prashant Bhojwani, Partner, Corporate Tax, BDO India.jpg)