December 21, 2011
China Piglet Weekly: Market remains stagnant (week ended Dec 21, 2011)
An eFeedLink Exclusive
Price summary
Prices were mostly unchanged.
Weekly transacted prices of piglets in China | ||||
Region |
Provinces |
Price as of Dec 21 |
Price as of Dec 14 |
Price change |
North China |
Hebei |
25.08 |
25.00 |
0.08 |
Henan |
24.40 |
24.40 |
0.00 | |
East China |
Shandong |
21.20 |
21.20 |
0.00 |
Jiangsu |
22.16 |
22.16 |
0.00 | |
Central China |
Hunan |
33.52 |
33.52 |
0.00 |
South China |
Guangxi |
30.50 |
30.50 |
0.00 |
Guangdong |
33.03 |
33.03 |
0.00 | |
Southwest China |
Sichuan |
27.32 |
27.32 |
0.00 |
(1 jin = 500g) |
Market analysis
Farmers' piglet replenishment interest remained low over the week, as rebounding corn prices of late propped up feed costs while lingering hog diseases fuelled rearing risks.
Market forecast
Concerns over hog market uncertainty after the festive season next year should keep piglet trade subdued in the weeks ahead.
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