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China Broiler Market Weekly

by 5m Editor
18 November 2005, at 12:00am

CHINA - In this weeks broiler report, eFeedLink say that broiler prices were generally lower in China in the past week as authorities continue with their effort to control the bird flu situation.

China Broiler Market Weekly - CHINA - In this weeks broiler report, eFeedLink say that broiler prices were generally lower in China in the past week as authorities continue with their effort to control the bird flu situation.

1. Price Summary

In less than a month, China has been plagued by successive outbreaks of the bird flu, which had a great impact on broiler markets in the country. Local sales and consumption remained generally sluggish with the suspension of boiler exports and closure of poultry markets. News of fresh outbreaks in Huainan county, Anhui province, in the past week had caused broiler prices to fall further.

2. Market analysis

In Liaoning province, which had been hit by a few outbreaks, broiler exports were suspended and this had led prices to fall compared with the previous week. In Henan province, broiler supply in the market rose sharply as consumption declined sharply. To control the outbreak, local authorities have banned the export of live poultry and suspended live bird trade in wholesale markets. In Jiangsu province, the outbreak was the primary cause for the overall slide in broiler prices.

Demand for broiler produced in Guangdong province by consumers in Hong Kong and Macau have fallen sharply, causing broiler prices in the province to stay sluggish. In Guangxi Zhuang AR, broiler producers were quick to offload their stocks into the market, thus increasing broiler supply despite a lack of demand. The closure of broiler markets to control the outbreaks had brought cross-province deliveries to a standstill, further exerting pressures on broiler prices.

In Shandong province, broiler consumption had not fallen as sharply as expected. In Jinan, the provincial capital, business at restaurants and eateries was also not badly affected by the bird flu. Chicken cuts sold in the markets have been certified safe for consumption by inspection authorities, hence, broiler prices there did not fall drastically as a result of the outbreaks.

Lately, the bird flu crisis has become a hot topic among consumers in China. Generally, poultry transactions in the markets have declined despite ongoing efforts by the agriculture and health ministries to control the outbreaks. It would not be easy to boost demand for poultry products in China in the near term.

3. Market forecast

With the bird flu crisis still looming over the broiler market, falling consumption would continue to result in broiler supply exceeding demand. Thus, broiler prices in China are set to fall further in the near term.


Source: eFeedLink - 18th November 2005

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