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.
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