Tuesday, June 28, 2016
Raw Bird Nests Now is Slightly Above RM 3,000 !!!
The raw bird nests, from swiftlet birdhouses and not caves, price now is slightly above Ringgit 3,000.
As compared during those old days of fetching almost Ringgit 7,000 a kilogram the price is set to climb upward.
About 3 years ago when mainland China raised the issue of high nitrite contents the raw nests drop to almost RM 900 a kilogram.
It hang around this price for almost 2 years.
Immediately after the Malaysian Government intervention and negotiation with China the price drift slightly upward.
After both countries agrees with various conditions the price now moved upward to the current around Ringgit 3000 kilogram.
Malaysia now have at least 18 approved raw nests processing centers.
In the coming months I was told that another 5-8 will be given the certificate of CNCA approvals.
With the climbing number of raw nests processing centers plus the fact that there are a lot of small scale processing center buying raw nests, the raw nests price will increase to perhaps Ringgit 4000 a kilogram.
Market for raw nests now are getting very critical with lesser raw nests harvested.
There is a very strong indication that the amount of raw nests harvested seems to drop to an unusual quantity.
I have received many reports where BH owners are complaining of serious drop of nests found in their BHs even though the number of birds remained the same.
A very strange phenomena is happening out there and I hope those swiftlet will start to mate and erect more nests in the month to come.
On the bright side, the nest price will start to climb since the supply is lesser to accommodate the high requirements by those processing plants.