Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Livestock & Feed Market
 
October 4, 2017

 

China Live Hog Weekly: Prices slid on slack demand as slaughterhouses halt operation (week ended Sep 30, 2017)

 

An eFeedLink Exclusive

     
 

Price summary

 

Prices continued to fall.
 

Region

Province

Average price this week

Average price last week

Price change

North China

Hebei

13.93

14.07

-0.14

Henan

14.12

14.29

-0.17

East China

Shandong

14.06

14.17

-0.11

Jiangsu

14.46

14.64

-0.18

Central China

Hunan

14.39

14.67

-0.28

South China

Guangxi

14.51

14.69

-0.18

Guangdong

14.50

14.75

-0.25

Southwest China

Sichuan

14.96

15.26

-0.30

(All prices in RMB/kg)
RMB1=US$0.1505 (Oct 4)

 
 
 

Market analysis

 

Slaughterhouses halted operation gradually inn preparation for the Mid-Autumn Festival, resulting slack demand for hog. With release volumes stable, prices of hog slid 1.4% on average. Over the past three weeks, hog prices have dropped 3% in China.

 

Meanwhile, pork carcass prices fell by 1.3% to RMB19.97/kg.

 
 

Market forecast                                                          

 

Hog market will halt trading for a week during the first week of October. After market resumes trading, hog prices are expected to move lower amid pork post-festive pork demand.


eFeedLink offers monthly China hog and poultry market trackers, including analyses and on-the-ground information from Guangxi, Guangdong, Hunan, Hubei, Sichuan, Jiangsu, Henan, Shandong, Hebei and the whole of China. These provinces cover at least 70% of the total hog, poultry and related feed production or consumption in China. For more information, visit:
 
http://www.efeedlink.com/eFLResearch


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read