Chicken Weekly Report from Shanghai Joy-food Week46/47

* : * : admin * : 2020-04-08 9:43:27 * : 0
Please kindly check our Chinese Market Summary below.

- The Chicken price in Week 47 was at 7.01RMB/KG, 3.1% higher than the same period last month, 0.3% higher than the same period last year. The high peak amount of live chicken has passed, and the price for chicken is predicted to be stable afterwards.
-  For week 47, the revenue for raise one chicken was at 2.2RMB in week 47; Chick price was at 1.65 RMB/Animal, 3.9% lower than the same period last month, 40.7% lower than the same period last year. The volume of chick has decrease in November, so the price will increase afterwards.

- The price for chicken mid joint wings in China market increased slightly in week 46 to week 47 from 31.8 RMB/KG to 32.2 RMB/KG, increased by 1.2%.
- The price for chicken whole wings in China market stayed stable at 19.5RMB/KG.

- The price for chicken paws(big) and chicken paws(small) increased, respectively, from 26.4RMB/KG to 26.8RMB/KG, increased by 1.5%, and from 22.9RMB/KG to 23RMB/KG, increased by 0.4%, in week 46 to week 47.
- The price for chicken paws(middle) decreased from 23.7RMB/KG to 23.5RMB/KG. One of the reason for the price decrease of chicken paws(middle) is because there were huge amount of chicken paws(middle) arriving China market from Brazil, since the volume of chicken paws grade B in Brazil increased rapidly.