Middle East Tensions Crash Egg Prices in India: Big Relief for Consumers

• Middle East tensions disrupt egg exports from India, leading to a surplus in the domestic market.
• Wholesale egg prices plummeted from ₹7 to ₹4 per egg; retail prices dropped from ₹8-₹9 to ₹4-₹5.50.
• Conflict in countries like Saudi Arabia, Oman, Qatar, and Bahrain halted daily export of 10 million eggs.
• 80% of India's exportable eggs were sent to Gulf countries, now diverted to the domestic market.
• Lower prices offer significant relief to consumers, making eggs a cheaper protein source amidst inflation.