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December 2, 2011

 

China Piglet Weekly: Market remains stagnant (week ended Nov 30, 2011)

 

An eFeedLink Exclusive
 

 

Price summary

 

Prices were stable to lower.

 

Weekly transacted prices of piglets in China

Region

Provinces

Price as of Nov 30
(RMB/kg)

Price as of Nov 23
(RMB/kg)

Price change
(RMB/kg)

North China

Hebei

24.84

24.84

0.00

Henan

26.40

26.80

-0.40

East China

Shandong

23.08

23.48

-0.40

Jiangsu

22.32

22.32

0.00

Central China

Hunan

33.52

33.92

-0.40

South China

Guangxi

32.83

33.67

-0.83

Guangdong

33.94

33.94

0.00

Southwest China

Sichuan

28.32

28.72

-0.40

(1 jin = 500g)
Note: Prices are provided by piglet wholesale markets and large farms in China. Prices are mainly for piglets that weigh between 15-20kg and are for reference only.
RMB1= US$0.1571 (Dec 2)


 

Market analysis

 

Farmers continued to withhold piglet restocking amid fears that the current hog market gloom would prolong into next year.

 

 

Market forecast

 

Piglet demand in China is unlikely to recover in the short run.

 


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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