November 11, 2008
China Broiler Weekly: Prices fall on weak demand (week ended Nov 10, 2008)


An eFeedLink Exclusive



Price summary


Broiler prices were lower in most regions.


Market analysis


AA broiler


AA broiler prices fell amid weak demand.


Although supplies were limited, buyers were still prudent with their purchases. Those who ventured to replenish their inventories took the opportunity to slash prices.


China breed broiler


Similarly, Prices of China breed broiler fell although supplies of mature birds were not abundant.


Buying interest remained sluggish as consumers had not recovered from the shock of the tainted food scandal.


Market forecast
In the near term, prices of AA broilers are seen to decline.


Prices of China breed broilers are also likely to remain weak.


RMB1= US$0.1465 (Nov 11)

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