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Market Reports
 
August 25, 2017

 

China Broiler Weekly: Prices rise at a slower pace (week ended Aug 22, 2017)

 

An eFeedLink Exclusive

 
 

Price summary

 

Prices increased further.
 
 

Market analysis
 
AA broiler
 

Prices of chicken products consolidated lower following the previous week's upsurge, prompting slaughterhouses to limit AA broiler purchases. Consequently AA broiler prices increased at a slower pace of 1.9% compared with the previous week's 8% rally.

 

Prices of day-old chick softened to the range of RMB2.80-3/chick amid waning demand.

 

China breed broiler

 

The availability of native broilers stayed tight. However, as markets stabilised in Guangdong, China breed broiler prices rose at a more moderate 2%.

 

Tight supplies, in conjunction with increased demand, pushed up native chick prices prominently.

 
 

Market forecast


Broiler prices are projected to consolidate in the coming week as slaughterhouses turn cautious. Chick prices are seen stable amid limited availability.
 
 
RMB=US$0.1501 (Aug 25)


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:
 
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