Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Undefined


February 13, 2018


China Broiler Weekly: Prices tumble in China amid increased supply, flat demand (week ended Feb 7, 2018)


An eFeedLink Exclusive

 


Price summary


Prices moved lower.

 
 


Market analysis


AA broiler


Prices of AA broiler plunged 6.1% as demand for chicken was slower than expected while farmers released inventories eagerly in anticipation of a weaker post-festive market.


Chick prices were higher by RMB0.20-0.70/bird, rising to RMB2.3-2.70/bird amid tight availability.


China breed broiler


Prices of fast-growth native broiler slid for the consecutive fifth week, dipping almost 5% on average. Even though supplies were limited, prices continued to fall amid lacklustre demand.


Pen expansion interest was poor as farming profits shrank, hence driving down day-old chick prices.

 


Market forecast


Broiler markets are expected to weaken in the days prior to the Chinese New Year holidays as slaughterhouses limit stockpiles. This will hamper the sales of chicks, putting a lid on the prices.

 

RMB=US$0.1581 (Feb 13)

                    

                           
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