Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Swine


December 21, 2017


China Live Hog Weekly: Prudent mood slows price hikes (week ended Dec 21, 2017)


An eFeedLink Exclusive
 

 

Price summary


Prices increased at a slower pace.

 

Region
Province
Average price this week
Average price last week
Price change
North China
Hebei
15.02
15.03
-0.01
Henan
14.91
14.85
0.06
East China
Shandong
15.15
15.10
0.05
Jiangsu
15.42
15.30
0.12
Central China
Hunan
15.21
15.10
0.11
South China
Guangxi
14.98
14.94
0.04
Guangdong
15.06
14.92
0.14
Southwest China
Sichuan
15.60
15.66
-0.06
(All prices in RMB/kg)
RMB1=US$0.1522 (Dec 21)

 

 


Market analysis


Slaughterhouses turned cautious as the prices of hog have increased substantially of late. Hence, even as pork demand stayed strong amid higher winter consumption and expanding production of cured pork products, hog sales slowed.


Over the week, hog prices rose by a much more modest 0.37%, compared with the previous week's 3.4% jump.

 

Market forecast 

Stable pre-New Year pork demand will lend support to the hog market. However, as slaughterhouses are reluctant to stockpile high inventories, prices are expected to increase moderately in the near term. In the longer term, hog prices should strengthen more prominently amid growing pork demand.
 


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


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read