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Malaysia imposes price controls, grants subsidies to ease cost pressures
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Malaysia's reliance on imported chicken feed has seen the prices of chicken and chicken eggs rising in recent times.
PHOTO: BLOOMBERG
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KUALA LUMPUR - The Russia-Ukraine war may indirectly compromise Malaysia’s food security through a surge in the price of fertilisers and animal feed, among other things.
While trade with Ukraine and Russia represents only 0.5 per cent of total trade, Malaysia’s poultry industry is heavily reliant on imported feed, with about 90 per cent coming from countries such as Ukraine, Brazil and Argentina.
