Pakistan Livestock Traders Report Lower Sales Ahead of Eid al-Adha
Traders at one of Islamabad’s largest cattle markets said rising fuel prices linked to regional tensions have increased transport and feed costs. Higher animal prices have reduced buyer demand in the weeks before Eid al-Adha.
Al JazeeraLivestock traders in Pakistan said sales have declined at a major Islamabad cattle market ahead of Eid al-Adha. They attributed the drop to higher animal prices caused by increased fuel, transport, and feed costs.
Traders stated that fuel price increases have raised the cost of moving livestock and purchasing feed. These added expenses have been passed on to buyers, resulting in fewer purchases. The market is one of the largest in the capital and typically sees high volume in the period before the holiday.
Current conditions have reduced that volume, according to traders at the site. Traders described the price increases as directly tied to the regional situation involving Iran. They did not provide specific percentage changes or sales figures.
Key Facts
Potential Impact
- 01
Buyers may purchase fewer animals or seek lower-priced alternatives.
- 02
Traders may hold unsold animals longer, increasing holding costs.
Transparency Panel
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