December 14, 2011
China Broiler Weekly: Market stable as chicken product demand recovers (week ended Dec 13, 2011)
An eFeedLink Exclusive
Price summary
Broiler prices were mostly stable.
Market analysis
AA broiler
AA broiler prices were stable to slightly higher, buoyed by a pickup in chicken product sales and tight broiler availability.
Day-old chick prices plummeted following the end of the pre-Lunar New Year restocking drive.
China breed broiler
Limited supplies and strengthening prices of chicken products held China breed broiler prices firm around current levels.
Day-old chick prices resumed slides amid flat replenishment interest.
Market forecast
Broiler market should continue to gain strength in the short term.
RMB1=US$0.1578 (Dec 14)
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