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Swine


September 18, 2018


China Live Hog Weekly: Strong rebound in prices (week ended Sep 7, 2018)

 

An eFeedLink Exclusive

 
    

Price summary

 

Prices increased significantly.

 

Region

Province

Average price
this week

Average price
last week

Price change

North China

Hebei

13.80

13.22

0.58

Henan

13.58

13.34

0.24

East China

Shandong

14.06

13.53

0.53

Jiangsu

14.69

13.84

0.85

Central China

Hunan

14.38

13.64

0.74

South China

Guangxi

14.43

13.79

0.64

Guangdong

14.93

14.16

0.77

Southwest China

Sichuan

14.75

14.05

0.70

(All prices in RMB/kg)
RMB1=US$0.1458 (Sep 18)


 

Market analysis

 

Following the recent week's hastened releases, the quantity of finishing hog decreased. Slaughter volumes dropped 0.68% to 7,795 tonnes, hence propping up prices by 1.79% to RMB19.37/kg.

 

With availability tight and demand robust, hog prices rebounded strongly by 4.6% to RMB14.33/kg, hitting a level unseen after Chinese New Year.

 
 

Market forecast                                                  

 

Limited quantity of finishing hog will lend support to the market. Should mortality losses increase prominently due to the disease outbreak, hog prices may soar to new high for the year as pre-festive pork demand strengthens.
 

 


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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