China Broiler Market Weekly

CHINA - In this weeks broiler report, eFeedLink say that prices of AA broilers in China were marginally higher in the past week.
calendar icon 22 September 2005
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China Broiler Market Weekly - CHINA - In this weeks broiler report, eFeedLink say that prices of AA broilers in China were marginally higher in the past week.

Market analysis

Broiler consumption and market supply have increased during the Mid-Autumn festive season (which falls on Sep 18) and prior to the arrival of the National Day holidays (first week of Oct). Meanwhile, broiler stocks held by meat processing enterprises and abattoirs have stayed high, thus explaining their lower broiler procurement in the past week.

In Liaoning province, a shortage of day-old chicks earlier has sent prices of AA broilers rising marginally in recent days. In Shandong province, balanced market demand and supply conditions have resulted in price stability, while price gains were recorded in some areas with lower supply. In Henan province, broiler prices weakened on increased market supply. In Jiangsu province, AA broiler prices were generally higher, although prices fell in some areas as torrential rains continue to affect deliveries of broilers.

Of late, breeders have increased their offloading of broiler stocks that they have set aside earlier to meet festive demand, thereby curtailing the magnitude of price increase in recent days. In some provinces, broiler prices were on the decline due to increased market supply. Meanwhile, in Jiangsu and Guangxi provinces, the rise in market broiler supply was accompanied by an increase in consumption and prices have also risen as a result. In Guangdong, broiler prices were more stable owing to an increase in broiler supply amidst improved demand.

Market Forecast

Broiler prices in China have stabilised after the Mid-Autumn festive season. In the run up to the National Day, prices are unlikely to rise significantly.


Source: eFeedLink - 22nd September 2005

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