December 1, 2016
China Live Hog Weekly: Prices see momentary retreat (week ended Dec 1, 2016)
An eFeedLink Exclusive
Price summary
Prices softened in most regions.
|
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 |
16.50 |
16.90 |
16.72 |
16.50 |
16.90 |
16.69 |
0.03 |
|
Henan |
16.40 |
16.60 |
16.52 |
16.40 |
16.70 |
16.56 |
-0.04 | |
|
East China |
Shandong |
16.70 |
16.90 |
16.79 |
16.60 |
16.80 |
16.71 |
0.08 |
|
Jiangsu |
16.60 |
17.30 |
16.97 |
16.80 |
17.40 |
17.11 |
-0.14 | |
|
Central China |
Hunan |
16.70 |
17.10 |
16.90 |
16.90 |
17.30 |
17.04 |
-0.14 |
|
South China |
Guangxi |
16.40 |
16.90 |
16.63 |
16.40 |
17.10 |
16.71 |
-0.08 |
|
Guangdong |
16.20 |
17.10 |
16.64 |
16.20 |
17.30 |
16.74 |
-0.10 | |
|
Southwest China |
Sichuan |
17.50 |
17.90 |
17.70 |
17.60 |
18.10 |
17.82 |
-0.12 |
|
(All prices in RMB/kg) | ||||||||
Market analysis
The quantity of finishing hog increased during the week in review, lifting pork carcass volumes in major wholesale centres to 8,723 tonnes, up by almost 1% from the previous week’s 8,643 tonnes. In Shanghai, pork carcass volume increased a whopping 5%.
With supplies increased while slaughterhouses stayed cautious, prices of hog inched lower 0.39%.
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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