October 20, 2008
 
China Live Hog Weekly: Prices decline further amid unstable market conditions (week ended Oct 19, 2008)

 

An eFeedLink Exclusive

 
 

Price summary

 

Prices were lower in most regions.

 

Weekly transacted prices of live hogs in China

Region

Province

Lowest 

Highest 

Average

Lowest 

Highest 

Average

Average

price

price

price (RMB/kg)

price

price

price (RMB/kg)

price change(RMB/kg)

as of Oct 19 (RMB/kg)

as of Oct 19(RMB/kg)

 

as of Oct 12 (RMB/kg)

as of Oct 12(RMB/kg)

 

 

North China

Hebei

10.40

12.10

11.74

10.40

12.30

11.72

0.02

Henan

10.60

12.40

12.10

10.60

12.40

12.12

-0.02

East China

Shandong

10.30

12.00

11.09

10.30

12.40

11.13

-0.04

Jiangsu

10.40

12.20

11.89

10.40

12.50

12.03

-0.14

Central China

Hubei

10.80

12.10

11.71

10.80

12.40

11.86

-0.15

Hunan

10.60

12.40

12.13

10.60

12.50

12.16

-0.03

South China

Guangxi

10.80

12.45

12.20

10.80

12.60

12.10

0.10

Guangdong

11.60

12.75

12.37

11.40

12.80

12.26

0.11

South-west China

Sichuan

12.00

13.20

13.01

12.20

13.40

13.10

-0.09

Note: Sichuan, Hunan, Henan, Shandong, Hebei, Guangxi, Guangdong, Hubei and Jiangsu are the main hog production regions in China, accounting for 63 percent of the annual local production. 
RMB1 = US$0.1459 (Oct 20)
 
 

Market analysis

 

Hog prices fell further amid weak pork demand and purchasers focused mainly on buying heavier hogs.
 

Hog feed prices fell. Farmers were generally looking forward to improvement in live hog prices.

 

 

Market forecast

 

Hog prices are seen to remain weak with increased supplies.



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:
 
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