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November 18, 2008
 
China Broiler Weekly: Sluggish market drives prices lower (week ended Nov 18, 2008)

 

An eFeedLink Exclusive

 

 

Price summary

 

Broiler prices were lower in most regions.

 


  
Market analysis

 

AA broiler

 

AA broiler prices continued to decline as buyers bargained aggressively while the market looked bleak.

 

Prices of day old broiler chicks also fell after rising recently amid poor domestic and export demand. The replenishment interest which seemed to have rekindled lately had again died down.

 

China breed broiler

 

Prices of China breed broilers were mixed.

 

In the north, demand perked up slightly as the impact of the contaminated eggs incident subsided.

 

In other regions, prices fell amid increased supplies and slack market demand.

 
 

Market forecast
 
Broiler prices are expected to decline further under sluggish demand.

 

RMB1= US$0.1465 (Nov 18)

 

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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