ISLAMABAD: With just three days left until the second Muslim holy ritual, Eid-ul-Azha, the prices of sacrificial animals have witnessed a significant surge, making it increasingly difficult for salaried and middle-class families to afford them.
A market survey conducted by APP has revealed that this year, the prices of sacrificial animals have doubled compared to last year. Many retired and serving government employees find it challenging to fulfill this important religious obligation due to the animals being beyond their purchasing power, Ashraf Ali Danwar, a retired government employee, told APP.
Muhammad Naeem, a cattle businessman, mentioned that the current sale of sacrificial animals is around 50, which is significantly lower than the 300 cattle sold last year. He has received approximately 1000 cattle from Punjab and Sindh provinces, and he anticipates more arrivals from other provinces as Eid-ul-Azha draws nearer.
Buyers Leave Markets Empty-Handed Due to High Prices
Naeem added that most buyers visit the market, inquire about prices, and leave empty-handed. The prices of oxen and goats are higher in Sukkur compared to Punjab and Upper Sindh.
However, there is a risk of financial losses for cattle traders if their animals remain unsold during Eid-ul-Azha or succumb to extremely hot weather conditions.
Middle-class individuals are concerned that due to high prices of other commodities, the cost of sacrificial animals will also be out of reach for the general public. Traders remain hopeful that sales will gain momentum in the upcoming days. – APP
