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December 14, 2011


China Broiler Weekly: Market stable as chicken product demand recovers (week ended Dec 13, 2011)

 

An eFeedLink Exclusive
 

 

Price summary

 

Broiler prices were mostly stable.

 

 

Market analysis

 

AA broiler

 

AA broiler prices were stable to slightly higher, buoyed by a pickup in chicken product sales and tight broiler availability.
 

Day-old chick prices plummeted following the end of the pre-Lunar New Year restocking drive.

 

China breed broiler

 

Limited supplies and strengthening prices of chicken products held China breed broiler prices firm around current levels.
 

Day-old chick prices resumed slides amid flat replenishment interest.

 
 

Market forecast


Broiler market should continue to gain strength in the short term.
 

RMB1=US$0.1578 (Dec 14)

 


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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