China Piglet Market Weekly
CHINA - In this weeks China Piglet Market Weekly, eFeedLink report that China's piglet prices remained sluggish in the week ending Feb 23.Market analysis
Weak hog prices discouraged hog raisers from replenishing piglet stocks. To reduce production cost, some raisers kept piglets produced in their farms and sent sows for slaughtering.
Hog raisers' profits have hit their lowest levels in two months. Profits may not rise in the near term as there were still no signs to suggest a quick turnaround in hog and piglet prices.
Market forecast
Hog prices in China may continue to weaken amid a lack of fresh leads. In the week ahead, piglet prices are expected to remain sluggish on poor buying interest.
Source: eFeedLink - 24th February 2006