November 8, 2011
China Whey Weekly: Slow piglet feed sales curb demand (week ended Nov 7, 2011)
An eFeedLink Exclusive
Price summary
Prices were mixed.
|
Weekly port transaction prices of whey in China | ||||
|
Specification |
Port |
Price as of Oct 31 |
Price as of Nov 7 |
Price Changes |
|
Low protein |
Shanghai |
13,000 |
13,250 |
250 |
|
Tianjin |
14,000 |
13,500 |
-500 | |
|
Chengdu |
14,000 |
14,000 |
0 | |
|
Guangzhou |
14,000 |
13,500 |
-500 | |
|
Dalian |
14,000 |
14,000 |
0 | |
|
Beijing |
14,000 |
13,500 |
-500 | |
|
Xiamen |
- |
- |
- | |
|
High protein |
Shanghai |
14,000 |
14,000 |
0 |
|
Tianjin |
13,500 |
13,500 |
0 | |
|
Chengdu |
- |
- |
- | |
|
Guangzhou |
14,000 |
14,000 |
0 | |
|
Dalian |
14,500 |
14,500 |
0 | |
|
Beijing |
14,500 |
14,500 |
0 | |
|
Xiamen |
- |
- |
- | |
|
Prices refer to port transaction prices for bulk purchases in Dalian, Shanghai, Guangzhou, etc, and are for reference only. | ||||
Suppliers' quotes
Low-protein whey prices in the US nudged up to US$1,192/tonnes over the week.
Market analysis
Whey trading was soft over the week, hurt by slower demand due to a drop in piglet feed consumption.
Market forecast
Whey demand is seen on the slack side amid recent hog market decline. However, buoyant international whey prices and limited domestic stocks will help provide the underlying market support.
