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> Buyers cry ‘fowl’ over Ramadan price-gouging, RM6.50 to RM7 per kg

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SUSautoman5891
post Aug 11 2010, 04:21 PM, updated 16y ago

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http://www.themalaysianinsider.com/malaysi...-price-gouging/

Buyers cry ‘fowl’ over Ramadan price-gouging
August 11, 2010

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ALOR SETAR, Aug 11 — Muslims who start fasting today to mark Ramadan are left fuming as traders resort to profiteering by hiking the price of chicken.

A Bernama check at the Alor Setar central market and Jitra wet market today found that the price of chicken had been increased by 30 to 50 sen per kg.

Saniah Ahmad,42, who was met at the market was shocked by the big increase in the price of chicken.

“The price of chicken has increased from RM6.50 to RM7 per kg. I find this increase way too much,” she said adding authorities should act fast to protect consumers.

Another consumer Che Pi Hamid,46, urged authorities to monitor the price of essential goods to protect consumers against unscrupulous traders. He said traders usually come up with a host of reasons to justify the hike in price of essential goods during festivals.

Meanwhile, chicken seller Abdul Shukur Darus,33, said he had to hike the chicken price by 30 sen per kg as suppliers had done so.

“I don’t have much choice and have to sell chicken at RM7 per kg although the price is high,” said Shukur.

Fellow chicken seller Wan Ahmad Fauzi Wan Ismail,35, said it was normal for the price of daily goods to cost more during Ramadan.

“We are still selling chicken at RM7 per kg but some traders are selling them at RM7.50 today,” he said.

A check at Jitra market found that the chicken price had increased from RM5.70-RM6 to RM6.50 per kg today.

Kedah Domestic Trade, Cooperatives and Consumerism Ministry director Salleh Ma’amor said chicken was not a controlled item and its price was based on supply and demand.

“We expect the price of chicken to increase by RM1 per kg during Ramadan. Chicken will be made a price controlled item two weeks before Aidilfitri,” he added. — Bernama

mecharojak
post Aug 11 2010, 04:24 PM

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Babi still more expensive.
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post Aug 11 2010, 04:24 PM

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biasa ma, CNY the things also gone up.
dagnarus
post Aug 11 2010, 04:26 PM

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QUOTE(+ @ Aug 11 2010, 04:24 PM)
biasa ma, CNY the things also gone up.
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this is where you are wrong. chicken for chinese new year rm4-5 per kg.

the cainis supplier always jack up prices for puasa & raya.
swks26
post Aug 11 2010, 04:29 PM

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QUOTE(dagnarus @ Aug 11 2010, 04:26 PM)
this is where you are wrong. chicken for chinese new year rm4-5 per kg.

the cainis supplier always jack up prices for puasa & raya.
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Are you implying racism here?
dagnarus
post Aug 11 2010, 04:31 PM

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i'm not implying anything.

i jsut say as it is.

some people call it opportunist, some people call it racism. i see it as business. always been and will continue to be this way
SUSChill4x
post Aug 11 2010, 04:32 PM

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higher demand, same supply = higher prices. econ 101.
mecharojak
post Aug 11 2010, 04:34 PM

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QUOTE(Chill4x @ Aug 11 2010, 04:32 PM)
higher demand, same supply = higher prices. econ 101.
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People don't like capitalism, can ask them try communism.
SUSsoundsyst64
post Aug 11 2010, 04:34 PM

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See? It already happen just what I wished for biggrin.gif
ingky
post Aug 11 2010, 04:34 PM

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How come only chikin prices go up? Lembu got go up ah?

Meleis only eat chikin during ramadan?
SUSChill4x
post Aug 11 2010, 04:35 PM

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QUOTE(mecharojak @ Aug 11 2010, 04:34 PM)
People don't like capitalism, can ask them try communism.
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communism = tak cukup makan. artificially low prices lead to shortage. so many times in history happen liao.
dagnarus
post Aug 11 2010, 04:35 PM

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QUOTE(Chill4x @ Aug 11 2010, 04:32 PM)
higher demand, same supply = higher prices. econ 101.
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this is true, but only until certain extent. the way i see it, the supplies are controlled by a certain group of people. it's not like during ramadhan suddenly supply shrunk, or demand increase exponentially. as a matter of fact, demand should be reduced since people are eating less... so price should go down... it's well known that cainis always look after their own, hence the reduced price during CNY. as for puasa & raya? well, all excuse will be thrown about for the price increase. after all, people will still buy, right right? business maa... ada can get more untung, of course people will do it

This post has been edited by dagnarus: Aug 11 2010, 04:37 PM
SUSChill4x
post Aug 11 2010, 04:38 PM

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QUOTE(dagnarus @ Aug 11 2010, 04:35 PM)
this is true, but only until certain extent. the way i see it, the supplies are controlled by a certain group of people. it's not like during ramadhan suddenly supply shrunk, or demand increase exponentially. as a matter of fact, demand should be reduced since people are eating less... so price should go down...
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pasar ramadhan panggang ayam percik like nobody's business. plus you can't control the supply of chicken per se in the short run. stop killing your chickens and let them age? freeze the raw chicken meat? no profit in that. it is called demand-pull inflation for a reason. remember the population demand too, chinese only make up 20% or so during cny compared to the 70% during raya.

This post has been edited by Chill4x: Aug 11 2010, 04:39 PM
Genesis80
post Aug 11 2010, 04:38 PM

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QUOTE(dagnarus @ Aug 11 2010, 04:31 PM)
i'm not implying anything.

i jsut say as it is.

some people call it opportunist, some people call it racism. i see it as business. always been and will continue to be this way
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nice try troll
SUSgogo2
post Aug 11 2010, 04:39 PM

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QUOTE(dagnarus @ Aug 11 2010, 04:26 PM)
this is where you are wrong. chicken for chinese new year rm4-5 per kg.

the cainis supplier always jack up prices for puasa & raya.
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wah wah... puasa masih ada tenaga nak vroom vroom...
keown83
post Aug 11 2010, 04:41 PM

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ayam HPA lagi mahal lor

tapi bersih dari racun dadah & tidak hanyir

i rike thumbup.gif
SUSrizq
post Aug 11 2010, 04:41 PM

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QUOTE(gogo2 @ Aug 11 2010, 04:39 PM)
wah wah... puasa masih ada tenaga nak vroom vroom...
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i dont see any racism in that sentence? mind explain it to me on why you said it is racist?
dagnarus
post Aug 11 2010, 04:42 PM

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i'm not gonna retract from anything. if you guys go to the pasar/hypermart often enough to notice the change in price then you'll see as I see. I got a relative supplying ayam also. that's how I know it la. ayam the main supplier is the cainis. they control the anak ayam supply, the food, and the borong for the adult one. haish people should only talk if they know about them, if not make yourself look rather foolish smile.gif
SUSautoman5891
post Aug 11 2010, 04:42 PM

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QUOTE(ingky @ Aug 11 2010, 04:34 PM)
How come only chikin prices go up? Lembu got go up ah?

Meleis only eat chikin during ramadan?
*
Lembu > chicken so people will always eat chicken but chicken > some fish. Should eat more fish.
dagnarus
post Aug 11 2010, 04:43 PM

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oh and one more thing, people will become more defensive when they know its true... whistling.gif

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