China Broiler Weekly: Dismal demand, abundant supplies hold market soft (week ended May 10, 2016)
Prices of AA broiler consolidated higher after the recent week's 4% plunge. As post-festive demand remained slack, AA broiler market lacked the momentum to move above RMB8/kg while slaughterhouses limited purchases. On average, prices edged up 0.74% to RMB7.95/kg. Amid shrinking supplies, hatcheries stood firm, resulti ...