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Market Reports


May 31, 2018

 

China Broiler Weekly: China-breed broiler prices dip 18% in two months (week ended May 25, 2018)
 

An eFeedLink Exclusive

 

 

Price summary
 

Prices were stable to weaker.

 

 


Market analysis


AA broiler
 

AA broiler prices were mixed and moved within a narrow range, moving higher by 0.54% on average. Demand remained flat while supplies increased over the week, but broiler farmers, who were incurring losses, were reluctant to cut prices.
 

AA chick prices remained stable in the range of RMB2.40-2.80/chick.
 

China breed broiler


Falling for the ninth consecutive week, prices of native broiler slid 0.52% during the period in review as supply exceeded demand.  Compared with late March, native broiler prices were down by 18%.
 
With chick availability ample and farmers holding back buying, chick prices stayed soft.

 


Market forecast
 

Broiler markets are projected to remain stable but prices are less likely to rebound strongly amid abundant availability. Chick prices will remain weak as well while farmers are not motivated to expand inventories.
 
RMB=US$0.1561 (May 31)


 
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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