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November 25, 2008
 
China Live Hog Weekly: Prices up amid better demand (week ended Nov 23, 2008)

 

An eFeedLink Exclusive

 

 

Price summary

 

Hog prices were marginally higher in most regions.

 
 

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

9.89

12.80

11.60

9.70

12.60

11.44

0.16

Henan

9.65

12.98

11.71

9.55

12.90

11.62

0.09

East China

Shandong

9.30

12.40

11.66

9.10

12.20

11.47

0.19

Jiangsu

9.55

12.60

11.76

9.50

12.50

11.71

0.05

Mid China

Hunan

9.65

12.70

11.71

9.60

12.70

11.70

0.01

South China

Guangxi

10.14

13.64

12.29

10.14

13.64

12.31

-0.02

Guangdong

10.38

13.78

12.49

10.32

13.70

12.42

0.07

Southwest China

Sichuan

10.50

13.70

12.47

10.40

13.60

12.59

-0.12


 

Market analysis

 

Live hog prices in China increased marginally as demand rose while the weather turned cold. Moreover, supplies of matured hogs were tight in several regions.


Meanwhile, growth of hogs in several regions was impeded by serious diarrhoea outbreaks. Should the situation worsen, hog supplies will inevitably be affected.

 

 

Market forecast
 

It is likely that the slide in China's hog prices has been halted. Prices are seen stable to higher in the near term.

 

RMB1= US$0.1466 (Nov 25)

 


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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