October 19, 2011

China Broiler Weekly: Lacklustre post-holiday demand weighs on market (week ended Oct 18, 2011)


An eFeedLink Exclusive



Price summary


Broiler prices were stable to lower.


Market analysis


AA broiler

AA broiler prices rose early in the week on short supplies, before pushing lower by mid-week due to falling prices of chicken cut-up products and stalling broiler demand as most slaughterhouses were drawing on existing inventories.

Over the week, day-old chick prices extended decline as farmers were not motivated to replenish amid deteriorating price prospects for broilers.


China breed broiler


China breed broiler prices were little changed from the previous week as supplies remained largely flat.

Day-old chick prices slipped slightly over the week.



Market forecast

In the coming week, broiler prices are unlikely to improve significantly as post-holiday demand is slow to warm up.

RMB1=US$0.1567 (Oct 19)


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