Its deputy chairman, Idrus Zainal Abidin, said while the subsidy removal might have some impact on operational costs, it would likely be minimal.

Idrus said even if the subsidies are reduced or removed completely, the price of eggs in the market would only see a slight increase.

“The price increase might only be around 2 to 3 sen per egg because the subsidies we receive aren’t that significant,” he told FMT.

Yesterday, agriculture and food security minister Mohamad Sabu said the government is considering ending subsidies for chicken eggs if its supply stabilises.

Mohamad, also known as Mat Sabu, said savings from the subsidy removal could be redirected to develop other critical agro-food sectors.

Idrus said egg supply in the market is stable, and demand remains consistent.

“From my perspective as a consumer, the egg supply is stable, and as a farmer, I feel that demand has remained steady so far.

“Our supply is sufficient, and there’s no longer a significant need for imports, only minimal amounts if any,” he said.

In June, Prime Minister Anwar Ibrahim announced that the government had decided to reduce the retail price of grade A, B and C eggs nationwide by 3 sen. This subsidy scheme involved an expenditure of RM100 million.

Last year, the government spent RM927 million on such subsidies.