Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS
 
November 16, 2011

 

China Live Hog Weekly: Price fall slows (week ended Nov 16, 2011)

 

An eFeedLink Exclusive
 

 

Price summary

 

Hog prices were mostly lower.
 
 

Region

Province

Lowest price this week

Highest price this week

Average price this week

Lowest price last week

Highest price last week

Average price last week

Changes

North China

Hebei

16.70

17.10

16.89

16.40

17.10

16.83

+0.06

Henan

16.70

17.10

16.83

16.60

17.10

16.95

-0.12

East China

Shandong

16.10

17.10

16.65

16.20

17.20

16.80

-0.15

Jiangsu

16.50

17.40

17.04

16.50

17.60

17.16

-0.12

Central China

Hunan

16.80

17.90

17.24

16.90

18.20

17.57

-0.33

South China

Guangxi

16.70

17.50

17.19

17.00

17.70

17.39

-0.20

Guangdong

16.10

18.20

17.02

16.70

17.90

17.42

-0.40

Southwest China

Sichuan

18.10

18.80

18.31

18.40

18.70

18.58

-0.27

(All prices in RMB/kg)
RMB1= US$0.1575 (Nov 16)
                                                                                             

 


Market analysis


Hog prices continued to fall due to ongoing releases of diseased herds, but the release volume had reduced significantly in some regions, causing price fall to slow.

 

Meanwhile, weekly wholesale pork consumption rose 2.17% to 9,127 tonnes.

 
 

Market forecast
 

Pork demand is set to climb steadily amid more frigid weather in the coming period. With hog releases expected to taper off after weeks of massive selling, downside in hog prices are seen limited.

 


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


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read