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Asia's Live Hog & Pork Price Update

by 5m Editor
2 December 2004, at 12:00am

ASIA - Prices of live hogs and pork in Asia were mostly up during the week ended December 1. The approaching Christmas and New Year holidays have helped driven prices slightly higher this week.

In Thailand and Taiwan, live hog prices registered marginal gains in the past week. Prices of pork rose significantly in Thailand, Japan and Taiwan.

With higher demand of pork expected in the festive season, pork prices in the Philippines are likely to rise in the near term.

Live Hog and Pork Prices in Selected Asian Countries/Regions

Item

Country/Region

City / Area

Date

Price Changes(US$/kg)

Nov 24, 2004 US$/kg)

Dec 1, 2004(US$/kg)

Wholesale Price

Live Hog

Malaysia

Selangor

1.32

1.32

0.00

Thailand

Outskirt of Bangkok

1.06

1.10

0.04

Taiwan

Taipei

1.65

1.70

0.05

Pork

Japan

Tokyo

2.70

3.00

0.30

Retail Price

Pork

Philippines

Manila

2.40

2.40

0.00

Thailand

Bangkok

1.97 - 2.09

2.09 - 2.21

0.12

Japan

Tokyo

3.54

3.77

0.23

Taiwan

Taipei

3.87

4.00

0.13

Remarks: Prices indicated above are representative and are for reference only.

Source: eFeedLink - 2nd December 2004

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5m Editor