China Live Hog Weekly: Prices see sharp declines (week ended Oct 26, 2011)
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Price summary
|
Region |
Province |
Lowest price this week |
Highest price this week |
Average price this week |
Lowest price last week |
Highest price last week |
Average price last week |
Changes |
|
North China |
Hebei |
17.50 |
17.90 |
17.72 |
18.10 |
18.70 |
18.34 |
-0.62 |
|
Henan |
17.40 |
18.00 |
17.77 |
18.30 |
18.70 |
18.48 |
-0.71 | |
|
East China |
Shandong |
17.10 |
18.20 |
17.78 |
17.90 |
18.60 |
18.26 |
-0.48 |
|
Jiangsu |
17.60 |
18.60 |
18.20 |
17.90 |
19.10 |
18.64 |
-0.44 | |
|
Central China |
Hunan |
18.50 |
18.90 |
18.67 |
19.10 |
19.50 |
19.24 |
-0.57 |
|
South China |
Guangxi |
18.50 |
18.80 |
18.63 |
19.30 |
19.60 |
19.39 |
-0.76 |
|
Guangdong |
18.10 |
19.80 |
18.71 |
18.80 |
20.10 |
19.42 |
-0.71 | |
|
Southwest China |
Sichuan |
19.20 |
19.50 |
19.38 |
20.30 |
20.70 |
20.42 |
-1.04 |
|
(All prices in RMB/kg) | ||||||||
Market analysis
Weekly pork sales rose 3.62% to 8,660 tonnes amid falling pork prices. Panic selling of hogs by farmers due to diseases and weaker market outlook sent hog prices lower across regions, with Guangxi and Sichuan seeing the steepest declines.
Market forecast
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: /eFLResearch
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