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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