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November 18, 2011

 

China Piglet Weekly: Prices level off (week ended Nov 16, 2011)

 

An eFeedLink Exclusive
 

 

Price summary

 

Prices were stable to lower.

 

Weekly transacted prices of piglets in China

Region

Provinces

Price as of Nov 16
(RMB/kg)

Price as of Nov 9
(RMB/kg)

Price change
(RMB/kg)

North China

Hebei

25.96

26.00

-0.04

Henan

26.80

26.80

0.00

East China

Shandong

24.72

25.52

-0.80

Jiangsu

22.32

22.48

-0.16

Central China

Hunan

33.92

34.00

-0.08

South China

Guangxi

34.00

33.80

0.20

Guangdong

33.94

33.94

0.00

Southwest China

Sichuan

29.52

29.52

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 18)

 

 

Market analysis

 

Over the week, piglet prices stabilised following a slowdown in hog price decline.

 

 

Market forecast

 

Piglet replenishment is unlikely to improve in the short term amid farmers' cautious mood.

 


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.

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