If you’re a hardcore fitness buff, and eggs are life, this is the best time to binge out on them. Prepare tissue paper to watch this video based on real events: Kim Hock Egg Distributor also said that sales for their eggs have fallen by around 50% over the past few months. Mr Ma said the oversupply of eggs will take time to resolve. This Year, Black Restaurant Week May Be a Lifeline, Premier League team of the week as Liverpool pair join title-chasing Tottenham trio, Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article, Prime members enjoy free delivery when you shop from international store, Enjoy free delivery with minimum order of S$40, Update your style with Zalora - Asia's top online fashion destination, Singaporean wanted by FBI charged over North Korea sugar deals, Will Smith says his divorce was 'the worst thing in my life'. What do Singaporeans have to lose by sending Dr Tan Cheng Bock to Parliament? The manager added that some hawkers were using a lot fewer eggs due to the dip in customers, with some using 60 per day during the pandemic period from 300 eggs a day previously. The suppliers and merchants are unclear how their business will be impacted as Singapore entered phase two of its exit from the circuit breaker period on Friday (June 19), when food and beverage outlets can reopen its doors. When you wear masks and apply lipstick at the same time (wait for it) #shorts, When you thought the boss is not in (watch to the end) #shorts, (Wait for it…) When You ‘加饭’ to Fried Rice #shorts, Anyone old enough to remember this ad? Netizens are lamenting the waste of the 250,000 eggs which were reported to have been thrown away due to the nation’s oversupply. Thus, Mr Chan referred to the egg shipment as a “significant milestone.”. When hens are at peak production, you may accumulate a supply of eggs your family cannot consume alone. Poland was a recent addition to the nation’s effort to further diversify its sources, given the changes that the Covid-19 pandemic has brought to world trade. “Reluctantly, a batch of eggs imported from Thailand has been destroyed two weeks ago and the number of eggs that were destroyed was more than 250,000,” an egg supplier told Zaobao. However, if egg prices fall due to oversupply of eggs, we seek to find a consensus among our members, on the reduced volume of future PS DOC importations,' he explained. Egg distributor Kai Young Huat (KYH) said sales have dropped by 10% because of lesser demand from hotels, restaurants and hawkers. | S’pore So Kiasu, We Imported Too Many Eggs & 25k of Them Have to be Thrown Away Due to Oversupply In April, the prices of eggs rose , mainly because of border restrictions due to Covid-19. To stay in the loop about news in Singapore, you might want to subscribe to our YouTube channel whereby we’d update you about what’s happening here daily: Download our app for a fast and seamless experience! "It is too early to tell how the situation will change," said Ms Koh Chern Teng, farm manager of Seng Choon Farm. Suppliers are now facing an oversupply of eggs, causing egg prices to plummet by at least two cents each, reported Lianhe Zaobao. Why Is Hollywood Obsessed With Killer Moms? The issue was resolved with the diversification of imports, as Singapore sourced eggs from other countries as far as Poland and South Korea. A spokesperson for NTUC Fairprice told the Chinese daily that it was not uncommon for fresh produce such as eggs to have volatile prices, due to several conditions that could affect the supply and demand. Hawkers, who used to use around 300 eggs a day, now uses around 60 due to lesser customers. The effort followed a bilateral trade agreement between the two countries to maintain the openness of trade with each other. The eggs could have gone bad when it was shipped, or it could have gone bad when it was stored here,"said Mr Ong. Connect with friends faster than ever with the new Facebook app. This article is now fully available for you, Please verify your e-mail to read this subscriber-only article in full. In response to this news, many netizens lamented the wasted 250,000 eggs–which many argued could have been given to charity. They are currently selling eggs imported in May 2020 at a loss. In response to this news, many netizens lamented the wasted 250,000 eggs–which many argued could have been given to charity. However, the diversification of imports coupled with the significant drop in egg consumption has created a problem within the nation, as seen in instances such as Kim Hock Egg Distributor’s recent experience. You have reached your limit of subscriber-only articles this month. Woodlands had dinosaurs before it was cool. “This is another step forward in Singapore’s efforts to diversify our supply sources and enhance the resilience of our food supplies,” he wrote. | *Correction, June 17, 5.30pm: It was previously written that egg distributor Kai Young Huat (KYH) imports 80 per cent of eggs. Updates will be published here if needed. There was an oversupply of eggs in 2018, which forced the government to step in and introduce a price floor. They were afraid that food supply from overseas, like eggs, would stop. A 48-year-old nurse told Zaobao that she found the eggs at supermarkets to be of much better quality compared to past months, and with more variety as well. Fortunately (for consumers), it’s a momentary rise and the prices of eggs are now falling. Singapore’s egg supply had been affected in the wake of the COVID-19 pandemic and Malaysia’s movement restriction order which was implemented back in March, creating fluctuations in the price of eggs. | Singapore is facing an oversupply of eggs, suppliers say. Get unlimited access to all stories at $0.99/month for the first 3 months. Please enter your username or email address to reset your password. Yes, Covid-19 has made everything unpredictable. Over 250,000 eggs were destroyed due to oversupply of imported eggs from Malaysia, Thailand, and Poland Netizens are lamenting the waste of the 250,000 eggs which were reported to have been thrown away due to the nation’s oversupply. If you’ve ever wanted to shoot your shot at being an influencer, now’s your chance. With import restrictions lifted, supplies from Malaysia, Thailand, and other countries have resumed, resulting in a surge in supply, said egg sellers. The company also had 500,000 egg-hatching hens on its 13ha farm in Lim Chu Kang. 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(Watch till the end!) "While imported eggs can generally be kept in the chilled warehouse for four to six months, to ensure freshness, we try to sell them as quickly as possible even if it's not profitable. There was also no festival that required a large sum of eggs at the time, which contributed to the decision to destroy all those eggs. Privacy policy. 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