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December 14, 2011

 

China Piglet Weekly: Prices stabilise (week ended Dec 14, 2011)

 

An eFeedLink Exclusive
 

 

Price summary

 

Prices were flat.

 

Weekly transacted prices of piglets in China

Region

Provinces

Price as of Dec 14
(RMB/kg)

Price as of Dec 7
(RMB/kg)

Price change
(RMB/kg)

North China

Hebei

25.00

25.00

0.00

Henan

24.40

24.40

0.00

East China

Shandong

21.20

21.20

0.00

Jiangsu

22.16

22.16

0.00

Central China

Hunan

33.52

33.52

0.00

South China

Guangxi

30.50

30.50

0.00

Guangdong

33.03

33.03

0.00

Southwest China

Sichuan

27.32

27.32

0.00

(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$0.1578 (Dec 14)


 

Market analysis

 

Piglet prices stabilised from earlier falls over the week, helped by an improvement in the hog market amid growing winter pork demand.

 

 

Market forecast

 

In the coming week, a lack of demand and tight supplies should continue to hold piglet prices at current prices.

 


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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