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April 25, 2012


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


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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)

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