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November 4, 2011

 

China Piglet Weekly: Southern prices tumble on hog weakness (week ended Nov 2, 2011)

 

An eFeedLink Exclusive
 

 

Price summary

 

Prices were stable to lower.

 

Weekly transacted prices of piglets in China

Region

Provinces

Price as of Nov 2
(RMB/kg)

Price as of Oct 26
(RMB/kg)

Price change
(RMB/kg)

North China

Hebei

27.28

27.80

-0.52

Henan

27.60

27.60

0.00

East China

Shandong

26.52

26.52

0.00

Jiangsu

22.48

24.00

-1.52

Central China

Hunan

34.20

34.20

0.00

South China

Guangxi

33.80

37.00

-3.20

Guangdong

34.40

38.00

-3.60

Southwest China

Sichuan

29.60

29.60

0.00

(1 jin = 500g)
Note: Prices are provided by piglet wholesale markets and large farms in China. Prices are mainly for piglets that weigh between 15-20kg and are for reference only.
RMB1= US$0.1574 (November 4)


 

Market analysis

 

Southern piglet prices took a plunge over the week, tracking weakness in the hog market reeling from widespread foot-and-mouth disease in major producing regions. 

 

 

Market forecast

 

Recent hog market slump should continue to dent piglet demand in the short term.

 


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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