Egg firm exec opens up about the price of eggs this winter
Did you know that almost half of the liquid eggs in Taiwan are supplied by a Chiayi-based firm? Its eggs are used for many products and restaurant meals up and down the country. The firm was recently passed onto a new generation of executive, Ku Hsin-ping, who hopes for a calmer egg market this winter.
This Taiwanese liquid egg supplier has over 5,000 clients all over the country, from breakfast diners to restaurants and premium hotels. Every day, its team of 2 million hens lays eggs that end up on our plates.
Ku Hsin-ping
Egg supplier
We can see that in the second half of the year, even if there’s some fluctuations in the price, it will only be a few dollars. It’s not going to be like last year, when people were scrambling to get hold of eggs, or you could only get one if you were millionaire.
We’re approaching the end of the year, which is when demand for eggs always peaks. Right now, supply outstrips demand, so businesses are able to save on costs. But here’s an interesting fact: for more than a decade, the industry has referred to waste eggshells as “white gold.” Three to four tons are produced every day.
Ku Hsin-ping
Egg supplier
The egg yolk gives them enough nutrition. The egg white gives them muscles. The eggshell gives them calcium, because they break out of the shell, right? What can we use the eggshells for? They can use infrared light for insulation.
Ku hsin-ping has inherited the business from her parents, the founders. She knows the business like the back of her hand. As a child, she would head down to the factory floor to help out in summer and winter vacations. She studied medicine and became a dermatologist, but eventually quit medicine in order to relieve some of her father’s workload.
Ku Hsin-ping
Egg supplier
When I got back for summer and winter vacations, I’d go and knock on the door of my dad’s office. He’d be reading reports with his spectacles on. And suddenly I felt how much he’d aged. In that moment, I thought, “I want to come home and spend more time with him.”
This was the first interview given by the executive in her new role. She shed tears describing her feelings at taking over the 40-year-old company from her aging parents. Her hope is not just to make profits, she said, but to steer the company towards a century of good business.
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2024-10-29
