December 7, 2011

China Broiler Weekly: Supply strain props up market (week ended Dec 6, 2011)


An eFeedLink Exclusive


Price summary


Broiler prices were mostly higher.



Market analysis


AA broiler


A deficit of mature birds sent AA broiler prices surging despite slackened demand for chicken products.

Over the week, day-old chick prices reversed earlier gains amid slumping demand following the end of the pre-holiday restocking peak.


China breed broiler


Insufficient stocks held China breed broiler prices stable to slightly higher. Poor consumption of chicken products had prevented prices from gaining sharply.

Day-old chick prices started to decline over the week.



Market forecast

In the coming week, broiler market is set to stand firm on scarce supplies.

RMB1=US$0.1574 (Dec 7)


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