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November 24, 2011


China Live Hog Weekly: Pork demand flat; hog supply tightens (week ended Nov 23, 2011)

 

An eFeedLink Exclusive
 

 

Price summary

 

Hog prices fall at slower a rate.

                                         

 

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

16.50

17.20

16.87

16.70

17.10

16.89

-0.02

Henan

16.20

16.70

16.46

16.70

17.10

16.83

-0.37

East China

Shandong

16.20

16.90

16.60

16.10

17.10

16.65

-0.05

Jiangsu

16.50

17.30

16.90

16.50

17.40

17.04

-0.14

Central China

Hunan

16.80

17.80

17.21

16.80

17.90

17.24

-0.03

South China

Guangxi

16.50

17.50

17.07

16.70

17.50

17.19

-0.12

Guangdong

16.10

17.90

16.93

16.10

18.20

17.02

-0.09

Southwest China

Sichuan

17.80

17.90

17.87

18.10

18.80

18.31

-0.44

(All prices in Rmember B/kg)
RMB1= US$0.1573 (November 24)
                                                                                             

 

 

Market analysis

 

Weekly pork sales stayed flat, limiting the demand for hog in China. Nonetheless, hog prices, which were more than 15% lower compared with late September, dropped at a slower pace.

 

 

Market forecast
 

Supplies of hog have tightened in several major hog producing provinces. With demand expected to rise in the coming weeks, hog prices are likely to move up gradually.

 


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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