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Saturday, May 4, 2024
China Hog: Pre-festive market lacks momentum (week ended Apr 29, 2024)
Despite stronger pre-festive demand, hog prices lacked the momentum to move higher amid ample availability. Average weekly hog prices moved in the narrow range of RMB15.20-15.40/kg during April.
Friday, April 5, 2024
China Hog: Prices surge 9% in five weeks (week ended Apr 1, 2024)
Tightened hog supplies continued to push up prices, prompting farmers to withhold releases. Demand remained stable as slaughterhouses increased stockpiles in preparation for the upcoming Qingming Festival market.
Thursday, March 7, 2024
China Hog: Prices rebound from recent week's tumble (week ended Mar 4, 2024)
Hog releases expanded from post-Chinese New Year lows, but remained limited. As slaughterhouses built inventories, hog prices rebounded from the recent week's 10% tumble.
Wednesday, February 7, 2024
China Hog: Price strengthen 16% in three weeks on amid pre-festive buying (week ended Feb 5, 2024)
With the support of strong pre-Chinese New Year sales, hog prices surged for the third consecutive week. Over the past three weeks, hg prices have increased tremendously by 16%. Year-on-year, hog prices were higher by 14%.
Monday, January 22, 2024
China Hog: Market weakens amid increased availability (week ended Jan 15, 2024)
Hog releases increased, whereas slaughterhouses continued to stay cautious with pork sales slow, hence exerting pressure on the hog market. Falling for four consecutive weeks, hog prices have decreased 6%.
Wednesday, January 4, 2023
China Hog: Prices rebound after 42% plummet (week ended Jan 3, 2023)
After plunging 42% in nine weeks since October, hog prices rebounded before the year ended. In anticipation of stronger demand in the period leading to the Chinese New Year, slaughterhouses increased purchases even as pork prices softened.
Thursday, November 3, 2022
China Hog: Prices soften as slaughterhouses limit buying (week ended Nov 1, 2022)
As hog availability remained tight while pork demand strengthened, pork prices increased prominently of late. Nonetheless, slaughterhouses, who were suffering losses due to low pork-to-hog ratio, limited hog purchases with prices at levels ...
Friday, October 7, 2022
China Hog: Prices rise to levels unseen since March 2021 (week ended Oct 3, 2022)
After surging to levels unseen since March 2021, high prices of hog dampened buying interest. Nonetheless, as slaughter volumes remained limited despite expanding over the week, prices of hog stayed firm.
Tuesday, July 12, 2022
China Hog: Prices surge 43% in four weeks (week ended Jul 11, 2022)
Slaughter volumes shrank further amid shortages of finishing hog. Had China government not acted to supress prices, price surge would have been even more tremendous.
Thursday, July 7, 2022
China Hog: Prices rally 14% on tight supply (week ended Jul 4, 2022)
As hog producers trimmed inventories since several months ago with prices low and feed costs soaring, tightening availability of finishing hog sent prices surging over the week.
Monday, July 4, 2022
China Hog: Prices higher by 35% on-year (week ended Jun 27, 2022)
Hog supplies were tight, particularly as farmers withheld releases in view of stronger prices. Meanwhile, the government's pork reserves stockpiling lent support to the market.
Wednesday, June 15, 2022
China Hog: Market cools after 35% rally (week ended Jun 13, 2022)
Hog prices softened, albeit marginally, cooling the rally that sent prices higher by 35% since March. As supplies of hog remained tight while the costs of production stayed high, farmers stood firm on prices even as demand for pork was soft ...
Friday, May 13, 2022
China Hog: Prices surge 19% in three weeks (week ended May 9, 2022)
Hog prices increased for the third week, albeit at a much slower pace as supplies shrank. Demand for pork was soft, nevertheless, hence putting a lid on hog prices.
Wednesday, May 4, 2022
China Hog: Price approaches yearly high amid strong surge (week ended Apr 25, 2022)
Hog prices rebounded strongly over the recent week. As the costs of farming, particularly those of feed, continued to rise, hog farmers stood firm on prices even as release volumes expanded. Demand wise, consumers in several cities stocked ...
Thursday, April 14, 2022
China Hog: Prices strengthen despite tumbling demand (week ended Apr 11, 2022)
Hog releases decreased prominently, hence supporting prices to move higher. However, overall demand for pork was hampered by the covid situation in China, particularly in Shanghai where drastic lockdown measures crushed weekly pork slaughte ...
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