After the arrival of a large number of sacrificial animals in Karachi, prices have started to fall. Earlier, it was feared that due to the shortage of animals in the country this year, Karachi may also face a shortage or even a scarcity, due to which the prices were very high. Till three weeks ago, the average price of a two-year-old calf was Rs 65-70 thousand per maund, which has now come down to Rs 55-60 thousand.
According to sources, usually there is a good number of animals in various livestock markets of Karachi such as Cattle Colony Mandi and Malir Mandi throughout the year, but this year after Ramadan, these markets were seen empty, while traders had made it known that there are fewer animals in the country this year, due to which there may be a shortage of animals on Eid-ul-Adha.
As a result of these rumors, prices had increased a lot. But now, after a large number of animals reached Karachi, prices have stabilized.
More than 150,000 animals have arrived at Karachi’s largest cattle market, located on the Northern Bypass, while about 50,000 have been sold.
According to sources, one of the reasons for the decline in prices is foot-and-mouth disease, due to which traders are afraid that their animals may fall ill and not be sold, so they are selling animals at low and reasonable prices. Due to the intense heat, traders from outside the city want to sell their animals as soon as possible and return. This is also why prices have decreased.
At present, the price of big animals has fallen from an average of 65-70 thousand rupees per maund to 55-60 thousand rupees per maund, and with this, purchasing has also increased.
However, on the other hand, sources have also expressed concern that if there is a shortage of animals in the last few days, then prices may increase suddenly. There is no possibility of further reduction in prices, but there is a possibility of an increase once again in the last two days before Eid.
