What led to 34 notices against Terengganu chicken traders?

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34 Notices Issued to Terengganu Chicken Traders Due to High Prices Post-Subsidy Removal

The Terengganu branch of the Domestic Trade and Cost of Living Ministry (KPDN) has issued 34 notices to chicken traders for selling the poultry at elevated prices following the discontinuation of price controls and subsidies on November 1. These notices were a direct outcome of extensive monitoring efforts aimed at ensuring fair pricing in the market.
Price Monitoring Post-Subsidy Removal

Following the lifting of chicken price controls and subsidies on November 1, KPDN enforcement and price monitoring officers, numbering 114 and 58 respectively, conducted thorough surveillance across the state. This proactive measure was implemented to observe market behaviour and identify any instances of price gouging by traders.
Discrepancies in Market Pricing

The monitoring revealed a notable difference in chicken pricing between supermarkets and wet markets. Supermarkets maintained stable prices, attributed to their practice of bulk purchasing. Conversely, wet markets exhibited higher prices, with observed selling rates ranging from RM10.50 to RM11 per kilogramme, which KPDN identified as stemming from prevailing business practices within these markets.
Trader Compliance and Continued Oversight

Upon receiving the notices, the affected traders demonstrated cooperation by subsequently reducing their chicken prices by RM0.50 to RM1 per kilogramme. KPDN has affirmed its commitment to sustained monitoring to detect and address any further arbitrary price increases by traders, even in the absence of official complaints thus far.

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What led to 34 notices against Terengganu chicken traders?

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