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November 23, 2011

 

China Broiler Weekly: Prices stable as buyers stock inventories (week ended Nov 22, 2011)

 

An eFeedLink Exclusive

 

 

Price summary

 

Broiler prices were stable.

 

 

Market analysis

 

AA broiler

 

AA broiler prices moved within a narrow range after the recent week's rise. In Liaoning, where availability was tight, slaughterhouses offered higher prices to secure supplies.

 

As broiler farmers expanded inventories in preparation for the pre-Chinese New Year demand during January, day-old chick prices strengthened further.

 

China breed broiler

 

Supplies of China breed broiler were limited, supporting the market to stay firm even though some slaughterhouses attempted to lower prices.
 

Prices of day-old chick were stable over the week.

 

 

Market forecast


Slaughterhouses and meat processors will continue to accumulate stocks in anticipation of higher chicken demand in December and January. Prices of broiler are therefore seen stable or higher.
 

RMB1=US$0.1572 (Nov 23)

 


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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