Industry players to introduce cheaper ‘special grade’ eggs

Industry players to introduce cheaper ‘special grade’ eggs

This will come at no cost to the government as it does not involve subsidies.

Chicken eggs will no longer be subsidised by the government from tomorrow onwards.
PETALING JAYA:
Industry players have agreed to introduce a special grade of chicken eggs that will be more affordable, as egg prices nationwide are floated from tomorrow onwards.

The agriculture and food security ministry said the special grade of eggs would come at no cost to the government as it does not involve subsidies.

It added that foreigners would be allowed to purchase these eggs since they are not subsidised by the government. However, it did not disclose the price at which they would be sold.

The ministry said Putrajaya would save about RM100 million a month from ending egg subsidies, noting that it spent nearly RM2.5 billion on the initiative from February 2022 to December 2024.

“This restructuring measure is part of the government’s efforts to optimise its subsidy expenditure, allowing for the savings generated to be channelled to welfare programmes for the people,” it said in a statement.

The ministry said it was confident that the industry could ensure a sufficient and stable supply of eggs despite the subsidy removal.

On May 1, Putrajaya ended price controls on chicken eggs and reduced subsidies from 10 sen to five sen per egg.

It said the average price of a Grade B egg was significantly lower than those in Malaysia’s regional neighbours.

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