April 25, 2012
China Broiler Weekly: Markets under pressure; price falls limited (week ended Apr 24, 2012)
An eFeedLink Exclusive
Prices were mostly lower.
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.
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.
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.
- Post-Chinese New Year hog market stays weak; broiler prices rebound
- Broiler markets show signs of stabilising in China
- China broiler market stays weak amid ample supply, soft demand
- AA broiler market weak; China breed broiler prices surge on tight supply
- China's broiler meat imports decline, but exports on the rise