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December 2, 2008
 
China Live Hog Weekly: Improved demand push up prices (week ended Dec 1 2008)

 

An eFeedLink Exclusive

 

 

Price summary

 

Hog prices were 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

10.30

13.30

12.12

9.89

12.80

11.60

0.52

Henan

10.00

13.40

12.08

9.65

12.98

11.71

0.37

East China

Shandong

9.60

12.71

11.97

9.30

12.40

11.66

0.31

Jiangsu

9.85

12.90

12.05

9.55

12.60

11.76

0.29

Mid China

Hunan

9.95

13.10

12.01

9.65

12.70

11.71

0.30

South China

Guangxi

10.30

13.80

12.42

10.14

13.64

12.29

0.13

Guangdong

10.65

13.98

12.76

10.38

13.78

12.49

0.27

Southwest China

Sichuan

11.40

14.60

13.38

10.50

13.70

12.47

0.91

 
 

Market analysis

 

Pork prices in China were higher in most regions.

 

Demand for pork increased amid colder weather. Meat processors have started to prepare seasonal products such as sausage and cured meat.

 
 

Market forecast
 

China's hog prices are expected to move up as demand for pork is conventionally high during winter and the period leading up to the Spring Festival.

 

RMB1= US$0.1452 (Dec 2)

 


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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