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Reuters
Reuters
Business

Malaysia says chicken stocks in oversupply after export ban

FILE PHOTO: Silhouettes of a worker catching chickens at a poultry farm in Sepang, Selangor, May 27, 2022. REUTERS/Hasnoor Hussain

Malaysia on Monday said it now has a slight oversupply of chicken, following its imposition of a ban on exports of the poultry to secure domestic supplies and rein in rising food prices.

Malaysia, which supplies live chickens mainly to neighbouring Singapore and Thailand, in June halted chicken exports until production and prices stabilise, after a global feed shortage exacerbated by the Russia-Ukraine war disrupted production.

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