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November 29, 2011

 

China Broiler Weekly: Prices stable; day-old chick demand firm (week ended Nov 29, 2011)

 

An eFeedLink Exclusive
 

 

Price summary

 

Broiler prices were mostly stable.

 

 

Market analysis

 

AA broiler

 

AA broiler market was largely stable, as slaughterhouses lacked the impetus to raise prices due to poor sales of chicken cut-up products.
 

Over the week, day-old chick prices shored up on tight availability and strong demand, as integrators stepped up purchases before the restocking period for the New Year and Spring Festival holiday demand ended.

 

China breed broiler

 

Supply dearth propped up China breed broiler prices in Shandong and Hebei provinces.
 

Day-old chick prices remained stable over the week.

 

 

Market forecast


Despite lacklustre demand for chicken products, broiler prices are seen to strengthen in the short term as supplies remain low.
 

RMB1= US$0.1569 (Nov 29)

 


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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