The date for prices of chicken and eggs to be floated in the market is expected to be announced during a press conference on Oct 30, says Malaysian Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.

He added discussions were being held with the stakeholders and industry players who are involved in production, with the team headed by the ministry’s secretary-general, to ensure prices remain at a reasonable rate after the announcement.

“The move to (float) the prices for the long term or short term will depend on the situation, but if possible, let the market decide the price. We, however, cannot guarantee the duration due to the global situation and drastic climate change,” he said at the pre-launch of the 2023 National-Level Farmers, Livestock Breeders and Fishermen Day Celebration, reported Bernama.

He said the press conference to announce the date would be jointly held by his ministry, the Finance Ministry, the Economy Ministry and the Department of Statistics of Malaysia.