Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Swine


January 21, 2019

 

China Live Hog Weekly: Market weakens amid lacklustre pre-festive demand (week ended Jan 11, 2019)

 

An eFeedLink Exclusive

     

 

Price summary

 

Prices were mostly lower.

 

 

Region

Province

Average price
this week

Average price
last week

Price change

North China

Hebei

11.90

12.05

-0.15

Henan

11.36

11.36

0.00

East China

Shandong

13.27

13.42

-0.15

Jiangsu

13.60

13.92

-0.32

Central China

Hunan

12.93

13.22

-0.29

South China

Guangxi

12.98

13.18

-0.20

Guangdong

14.47

15.09

-0.62

Southwest China

Sichuan

20.26

19.78

0.48

(All prices in RMB/kg)
RMB1=US$0.1473 (Jan 21)

 

 

Market analysis

 

Hog prices increased in Sichuan amid tight supplies, but fell in other regions due to soft demands even with Chinese New Year approaching. On average, hog prices dropped 1.1%.

 

Pork carcass volumes in major wholesale centres dwindled 1.2% to 9,156 tonnes on lacklustre demand, dragging prices down by 1.4% to RMB18.44/kg.

 

 

Market forecast                                                  

 

Hog farmers will be eager to release inventories before the Chinese New Year holidays, fearing the prices will tumble after the festive season. Hence, even as the availability of hog is limited, prices are seen weak in the coming period.

 


eFeedLink offers monthly China hog and poultry market trackers, including analyses and on-the-ground information from Guangxi, Guangdong, Hunan, Hubei, Sichuan, Jiangsu, Henan, Shandong, Hebei and the whole of China. These provinces cover at least 70% of the total hog, poultry and related feed production or consumption in China. For more information, visit: http://www.efeedlink.com/eFLResearch


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read