Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Undefined


May 22, 2018

 

China Broiler Weekly: Price rebound fails to sustain amid ample supply (week ended May 18, 2018)

 

An eFeedLink Exclusive

 

 

Price summary

 

Prices consolidated lower.

 

 


Market analysis

 

AA broiler
 

AA broiler prices consolidated lower, following the previous week's sharp rebound, as increased availability of contract farming broiler helped to ease the supply tightness. On average, AA broiler prices inched lower 0.63%.
 

AA chick prices slid RMB0.20-0.50/chick to RMB2.40-2.80/chick as farmers limited buying prudently while broiler prices softened over the week.
 

China breed broiler

 

Native broiler markets in the south continued to stay weak, with prices plummeting by as much as 6% in Guangdong. Hence, despite staying stable in the north, overall price of native broiler slid 3% in China.
 

Prices of fast-growth native chicks slid amid poor buying interest.
 

 

Market forecast

 

Abundant availability of finishing broiler is expected to drag down prices together with slack demand for chicken. Chick markets will remain weak while farmers hold back purchases.
 

RMB=US$0.1569 (May 22)

 


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.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read