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MARKET


May 15, 2018

 

China Broiler Weekly: AA broiler market shows signs of recovering (week ended May 11, 2018)

 

An eFeedLink Exclusive

 

 

Price summary

 

Prices were mostly higher.

 


 

Market analysis

 

AA broiler


Even as demand for chicken products stayed flat, tightened availability strengthened the prices of AA broiler nationwide. Several slaughterhouses incurred losses as broiler prices increased almost 5% while those of chicken products remained weak.
 

With AA broiler prices on the rise, sales of day-old chick improved, lifting prices by RMB0.40-0.80/bird to the range of RMB2.80-3/bird.
 

China breed broiler

 

Prices of native broilers in the southern parts of China continued to plummet amid slack demand, hence dragging the weekly average price down by 2.6%. In the north, prices of China breed broiler moved higher, albeit modestly
 

Prices of fast-growth native chicks dipped RMB0.10-0.40/bird to RMB0.40-1.70/bird.
 

 

Market forecast

 

The upward scope of AA broiler will be limited as slaughterhouses, which are making losses, will not be keen to stockpile inventories. Moreover, supplies of finishing broiler are expected to increase in the coming period.
 

China breed broiler market will continue to stay soft with supply exceeding demand. 
 

RMB=US$0.1576 (May 15)

 
 
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


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