December 10, 2003

China's Egg Prices Remain Stable in November

An eFeedLink Exclusive Report

In the month of November, average egg price in China climbed up steadily, with small fluctuation amidst market stability.

From early part to the last ten days of the month, prices moved up steadily; however, prices began to undergo downward correction after November 20. Prices rebounded on November 24th, and then fell slightly after November 28th. Within the latter part of the month, prices fluctuated between RMB5.0-5.2/kg.

Market analysts forecast that after entering the month of December, egg prices would continue to stay at a high price level, and it is not likely that prices would higher or lower by any big margin.