Causes behind egg price spike – an effective weapon to lure small traders, B40 away from Madani

DEPENDING on location and sales venue, it seems that Malaysian egg prices are inching closer or might have even surpassed the so-called all-time high prices during the 17-month Perikatan Nasional (PN) administration.

Currently, Lotus’ Malaysia is retailing house brand Grade A eggs at RM14.79 for a tray of 30, Grade B (RM14.19) and Grade C (RM13.89) when it was retailing them around or below RM13.50, RM12.50 and RM11.50 respectively since the beginning of 2026.

Moreover, Grade C eggs were going for as low as RM9.59/tray during the hypermarket’s Pasti Berbaloi Sale between July 17-29.

Going a little further back to June 10, a Johor netizen shared that Grade A egg prices were selling at RM13.20 with Grade B (RM10.90) and Grade C (RM10.50) at Sri Dista Egg (wholesale egg distributor) in Taman Sri Tebrau, Johor.

Given that the combo of spiralling egg, cooking oil and rice prices amid the COVID-19 hardship had partially brought the backdoor Muhyiddin administration to its knee, perhaps the Madani government and especially the Agriculture and Food Security Ministry should take swift cognisance of the matter.

Editor’s Note: Back then, chicken eggs were sold at free-market prices without specific nationwide ceiling price controls or direct government subsidies, thus causing price hike which sparked public furore till the introduction of formal ceiling price controls and subsidies later in February 2022 under the subsequent administration.

Anti-competition fine

Delving into the answers or reasons behind the egg price spike, finfluencer Najib Fazail (@najibfazail) attributed the root causes to the RM415.5 mil fine inflicted by the Malaysia Competition Commission (MyCC) on five major chicken feed millers for price-fixing in the chicken feed industry.

The five which together control 40% of the national feed mill market are Leong Hup Feedmill Sdn Bhd, Gold Coin Feedmills Sdn Bhd, Dindings Poultry Processing Sdn Bhd, PK Agro-Industrial Products Sdn Bhd and FFM Bhd,

Editor’s Note: An independent statutory body under the Domestic Trade and Cost of Living Ministry, MyCC was et up in 201 to enforce Malaysia’s Competition Act 2010 to protect fair market competition, prevent cartels and stop companies from abusing dominant market.

A breakdown of the value of each company’s lawsuit are as follows:

🐔 Leong Hup Feedmill: RM157.47 mil

🐔 Gold Coin Feedmills: RM97.51 mil

🐔 Dindings Poultry: RM70.02 mil

🐔 PK Agro (under Charoen Pokphand Thailand): RM47.80 mil

🐔 FFM Bhd: RM42.69 mil

Total: RM415.5 mil

“Out of these five companies, four have requested to postpone the lawsuit involving approximately RM367 mil,” explained Najib who specialises in stock market on the Threads soi al media platform.

Initially, they appealed to the Competition Appeal Tribunal (CAT) but their appeal was rejected in February. After that, they went to the High Court for a judicial review.

Now they’re asking for a stay or a temporary payment suspension while the case is still on-going.

The reason for their stay plea, according to Najib, is such that “if the payment is made now, their cash flow will be affected”.

“When the cash flow is affected, they claimed that they might have to raise the price of chicken feed. And eventually, the price of chicken and eggs might also go up. This means that if the fine is paid, man-on-the-street Malaysians might have to bear the consequences.,” contended the poster.

“What’s more interesting is that the MyCC/CAT lawyer revealed that publicly traded Leong Hup International; Bhd has just announced a RM150 mil divided which will then be distributed to shareholders.

They can afford to pay a dividend of RM150 mil but when it comes to paying a penalty due to price-fixing issues, suddenly the reason is that the company’s cash flow will be affected? Haiyaaa… 😅 “

Apparently, the existence of cartels that threaten to raise the price of feed after they were penalised by MyCC was also echoed by entrepreneur Ikhwan Razak (@ikhwan_razak88) as the reason behind the sudden surge in egg prices. – Aug 23, 2026

 

Main image credit: Nizam Jasman (@ nizamiks)/Threads

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