March 22, 2018
China Broiler Weekly: AA broiler prices fall 10% in two weeks (week ended Mar 16, 2018)
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Prices were mostly lower.
Showing no signs of stabilising, AA broiler prices continued to fall, dropping by another 2.7% over the week. Over the past two weeks, AA broiler prices have dipped 10% as slaughterhouses limited buying while supplies were ample.
Chick prices increased RMB0.20-0.50/kg to the range of RMB2.90-3.20/kg.
China breed broiler
China breed broiler prices strengthened in the eastern region, but stayed flat or moved lower in other parts of China.
Prices of fast-growth native chicks were stable higher at RMB3-3.60/chick.
Broiler market is expected to stay weak amid lacklustre demand and plentiful supplies. This will put a lid on chick prices in the coming period.
RMB=US$0.1582 (Mar 22)
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