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December 1, 2011

 

China Live Hog Weekly: Pork demand pickup moderates hog prices (week ended Nov 30, 2011)

 

An eFeedLink Exclusive
 

 

Price summary

 

Hog price decline slows.

                                         

 

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

16.40

17.10

16.83

16.50

17.20

16.87

-0.04

Henan

16.30

16.50

16.37

16.20

16.70

16.46

-0.09

East China

Shandong

16.00

16.70

16.55

16.20

16.90

16.60

-0.05

Jiangsu

16.30

17.30

16.79

16.50

17.30

16.90

-0.11

Central China

Hunan

16.50

17.10

16.85

16.80

17.80

17.21

-0.36

South China

Guangxi

16.30

17.40

16.99

16.50

17.50

17.07

-0.08

Guangdong

15.90

17.40

16.60

16.10

17.90

16.93

-0.33

Southwest China

Sichuan

17.50

17.90

17.59

17.80

17.90

17.87

-0.30

(All prices in Rmember B/kg)
RMB1= US$0.1571 (Dec 1)
                                                                                             

 
 
Market analysis

 

Falling winter temperatures drove weekly pork demand up 4.61% to 9,620 tonnes. With hog releases unchanged, most provinces including Henan, Jiangsu and Shandong saw hog prices gradually stabilising from earlier declines.

 

 

Market forecast
 

In the coming week, pork consumption is expected to rise further amid chilling weather. On the supply side, hog releases will likely be limited as the disease situation has eased. Hog prices are therefore set to correct upwards with narrowing regional disparities.

 


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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