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November 11, 2008
 
China Broiler Weekly: Prices fall on weak demand (week ended Nov 10, 2008)

 

An eFeedLink Exclusive

 

 

Price summary

 

Broiler prices were lower in most regions.

 


 
 
Market analysis

 

AA broiler

 

AA broiler prices fell amid weak demand.

 

Although supplies were limited, buyers were still prudent with their purchases. Those who ventured to replenish their inventories took the opportunity to slash prices.

 

China breed broiler

 

Similarly, Prices of China breed broiler fell although supplies of mature birds were not abundant.

 

Buying interest remained sluggish as consumers had not recovered from the shock of the tainted food scandal.

 
 

Market forecast
 
In the near term, prices of AA broilers are seen to decline.

 

Prices of China breed broilers are also likely to remain weak.

 

RMB1= US$0.1465 (Nov 11)



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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