December 9, 2008
China Broiler Weekly: AA broiler prices trend upward (week ended Dec 8, 2008)


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Price summary


Broiler prices were stable to higher in most regions.



Market analysis


AA broiler


Prices of AA broilers rose in most regions amid higher buying interest.

Nevertheless, replenishments remained sluggish as most farmers were still struggling to be profitable. Consequently, prices of AA broiler day-old-chicks moved lower amid cautious market sentiments.


China breed broiler


Prices of China breed broilers remained unchanged amid flat demand. In Guangdong, prices of fast-growth broilers softened with some farmers incurring losses.


Market forecast
In the near term, prices of both AA broiler and China breed broiler will likely fluctuate within a narrow range.


RMB1= US$0.1454 (Dec 9)

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