Middle East poultry trade slows as buyers balk at higher costs

Middle East poultry trading activity has slowed in recent days as buyers resisted higher replacement costs amid firm price indications across the market, participants said April 15. Platts, part of S&P Global Energy, assessed chicken breast CIF Middle East, basis Jebel Ali, at $3,150/metric ton April 15, unchanged day over day, after rising by $50/mt April 13 and extending a broader rally fromMiddle East poultry trading activity has slowed in recent days as buyers resisted higher replacement costs amid firm price indications across the market, participants said April 15. Platts, part of S&P Global Energy, assessed chicken breast CIF Middle East, basis Jebel Ali, at $3,150/metric ton April 15, unchanged day over day, after rising by $50/mt April 13 and extending a broader rally fromRead More