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April 25, 2012

 

China Broiler Weekly: Markets under pressure; price falls limited (week ended Apr 24, 2012)

 

An eFeedLink Exclusive

 

 

Price summary

 

Prices were mostly lower.
 

 

Market analysis

 

AA broiler

 

Broiler releases increased, but only to a limited extent, over the week. Hence, even though slaughterhouses attempted to cut prices, price falls were limited.
 

Meanwhile, high prices and lukewarm demand kept the day-old chick market weak.

 

China breed broiler

 

Prices of China breed broiler firmed up in southern China amid strong pre-May Day demand. Nonetheless, in the north, price softened due to ample supplies.
 

Supplies of day-old chick of China breed broiler remained tight but market lacked momentum amid subdued demand.
 

 

Market forecast


Pre-May Day purchases will help to uphold broiler prices in China. However, strong rise in prices are unlikely as overall demand is not as robust this year.
 

RMB1=US$0.1587 (Apr 25)
 


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:
 
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