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Market Chatter: Malaysia Seeing Food Supply Chain Pressures Amid High Oil Prices

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Malaysia is seeing early signs of cost pressures in its domestic food supply chain, although price movements for selected food items remain within a controlled range, The Star reported Tuesday, citing Economy Minister Akmal Nasrullah Mohd Nasir.

He noted that between April 20 and April 22, price changes for key food items stayed below 10%, with standard chicken rising 3.3% to 9.70 ringgit per kg and Grade C eggs up 7.3% to 3.93 ringgit per 10 eggs, while beef prices fell 3.8%. Seafood prices were mixed, reportedly.

Akmal Nasrullah said the trends signal emerging input and logistics cost pressures, prompting the government to step up monitoring across the supply chain, including fertilizer, fuel, transport and production costs.

Separately, the minister said electricity supply remains stable despite rising demand and higher fuel costs, with coal and gas prices posing key risks to generation costs. The government aims to cushion the impact on consumers, with about 85% of households remaining exempt from fuel cost adjustments, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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