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Prices of eggs have been on the rise, with the ongoing Russia-Ukraine war escalating things. Ukraine is one of the biggest exporters of food grain, which is the main ingredient in chicken feed. This makes it more expensive to rear chickens, and pushes egg prices up. Some supermarkets in Singapore have stepped in to cushion the impact for customers by offering discounts as much as 55%. But food and beverage players relying on eggs still face a tough balancing act between the risk of losing customers or thinner profits.
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