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The backlog of broiler chickens fell chaotically, and the chicken fell by more than 1 yuan / jin in January
In the recent week, the price of national chickens has been volatile, and the overall downward trend
has continued relative to the ultra-high profitability in October.
On November 11, the national average price was 7.
43 yuan / jin, and the price index was 144.
43, down 0.
18 yuan / jin from a week ago and 1.
06 yuan / jin
from the same period last month.
Prices of medium-speed chickens have shown a trend of first rising and then falling this week
.
On November 11, the national average price was 8.
12 yuan / jin, the price index was 130.
76, and the maximum price difference within the week was 0.
61 yuan / jin
.
The price of slow national chicken (local chicken) is basically stable
.
On November 11, the national average price was 10.
22 yuan / jin, and the price index was 130.
61, down 0.
66 yuan / jin
from the same period last month.
Recently, due to the repeated new crown epidemic in many places, inhibiting consumption, broiler chickens began to accumulate, panic out of the slaughter led to price squeeze and chaos, and the sales price of adult chickens across the country decreased
to varying degrees.
In the later stage, as adult chickens continue to increase, it is expected that the market will further decline
.
In terms of chicken seedlings, it will also show a gradual downward trend
.
At present, due to the end of most of the years of chicken seedlings, coupled with the soaring cost caused by rising material prices and the impact of frequent epidemics on chicken consumption demand, the demand
for seedlings has been inhibited.
The South China and Southwest markets have entered the "low supply, low demand" stage, and the price of chicken seedlings is expected to be low in the next stage
.
The market trend of chicken seedlings in central China will reach a watershed in the near future, and after the seedlings of short-age-old chickens are basically over, the price of the once eye-catching fast male seedlings will also fall
rapidly.
The good market is expected to continue until next year, and the price of white chicken seedlings in large factories rushed to 4.
5 yuan / bird
Recently, the tight supply superimposed on the introduction of seeds has continued to be hindered, and the prices of white-feathered broilers and chicks have continued to rise
.
Guotai Junan Securities Research Report believes that the supply and demand ends work together to promote the reversal of white feather chicken
.
On the one hand, the de-production capacity of the industry in the first half of the year led to the current reserve and breeding chicken inventory at a low level, which promoted the steady recovery of chick prices
.
On the other hand, despite the current sluggish consumption, the price of white chicken has risen to 9.
66 yuan / kg, and the subsequent high pig price continues, chicken consumption demand is expected to boost, pushing up chicken prices
.
In terms of chicken seedlings, the impact of short supply is more significant
.
According to steel union data, the average price of white feather chicks in the country this week was 3.
48 yuan / peat, an increase of 1.
75% month-on-month and 194.
92%
year-on-year.
On November 10, the quotation of Yisheng shares chicken seedlings has risen to 4.
5 yuan / peat, up 0.
5 yuan
in one month.
Due to the frequent outbreak of avian influenza abroad and the suspension of flights, the introduction of seeds from abroad in China began in May this year was not smooth, and the introduction volume was much lower than expected, resulting in a shortage
of chicken seedlings in the future.
Therefore, the industry expects that the supply of the industry will continue to be tight in the later period, and the price of white feather chicken seedlings from the fourth quarter of this year to next year will continue to improve
.
China's largest white chicken export enterprise changed owners, and control of Fengxiang shares was auctioned and transferred
On October 16, the control of Fengxiang shares was transferred by auction
.
Following the announcement period, PAG Asia will officially become the new owner
of China's largest white feather chicken exporter.
It is reported that the total 70.
92% equity of Fengxiang shares held by New Fengxiang Holdings, Fengxiang Group and Fengxiang Investment has completed a judicial auction and transaction on the Ali platform, with a total consideration of about 1.
372 billion yuan
.
The Company changed hands and PAG Asia's fourth limited partnership became the Company's new controlling shareholder
.
Fengxiang Co.
, Ltd.
is a comprehensive enterprise focusing on modern chicken products, which was listed on the Stock Exchange
in July 2020.
Its founder Liu Xuejing started his second venture in 2004 and set foot in the copper cathode industry
.
At that time, Xiangguang Copper Industry, which was established with an investment of 5.
6 billion yuan, had an annual output of 450,000 tons of copper cathode, making it the world's largest copper smelting enterprise
.
The copper-smelting industry has historically been asset-heavy
.
In recent years, the company has been adversely affected by the copper trading market, coupled with the frequent outbreak of the epidemic, and its operating conditions are not optimistic
.
As the liquidity crisis of Xiangguang Copper continued to evolve, in early May this year, a creditor applied to the Shandong Liaocheng Intermediate Court for judicial restructuring of Xiangguang Copper, including 19 enterprises including Xinfengxiang Holdings and Fengxiang Group, which completely triggered a debt crisis
.
;
;The backlog of broiler chickens fell chaotically, and the chicken fell by more than 1 yuan / jin in January
The backlog of broiler chickens fell chaotically, and the chicken fell by more than 1 yuan / jin in JanuaryIn the recent week, the price of national chickens has been volatile, and the overall downward trend
has continued relative to the ultra-high profitability in October.
On November 11, the national average price was 7.
43 yuan / jin, and the price index was 144.
43, down 0.
18 yuan / jin from a week ago and 1.
06 yuan / jin
from the same period last month.
Prices of medium-speed chickens have shown a trend of first rising and then falling this week
.
On November 11, the national average price was 8.
12 yuan / jin, the price index was 130.
76, and the maximum price difference within the week was 0.
61 yuan / jin
.
The price of slow national chicken (local chicken) is basically stable
.
On November 11, the national average price was 10.
22 yuan / jin, and the price index was 130.
61, down 0.
66 yuan / jin
from the same period last month.
Recently, due to the repeated new crown epidemic in many places, inhibiting consumption, broiler chickens began to accumulate, panic out of the slaughter led to price squeeze and chaos, and the sales price of adult chickens across the country decreased
to varying degrees.
In the later stage, as adult chickens continue to increase, it is expected that the market will further decline
.
In terms of chicken seedlings, it will also show a gradual downward trend
.
At present, due to the end of most of the years of chicken seedlings, coupled with the soaring cost caused by rising material prices and the impact of frequent epidemics on chicken consumption demand, the demand
for seedlings has been inhibited.
The South China and Southwest markets have entered the "low supply, low demand" stage, and the price of chicken seedlings is expected to be low in the next stage
.
The market trend of chicken seedlings in central China will reach a watershed in the near future, and after the seedlings of short-age-old chickens are basically over, the price of the once eye-catching fast male seedlings will also fall
rapidly.
The good market is expected to continue until next year, and the price of white chicken seedlings in large factories rushed to 4.
5 yuan / bird
5 yuan / bird
Recently, the tight supply superimposed on the introduction of seeds has continued to be hindered, and the prices of white-feathered broilers and chicks have continued to rise
.
Guotai Junan Securities Research Report believes that the supply and demand ends work together to promote the reversal of white feather chicken
.
On the one hand, the de-production capacity of the industry in the first half of the year led to the current reserve and breeding chicken inventory at a low level, which promoted the steady recovery of chick prices
.
On the other hand, despite the current sluggish consumption, the price of white chicken has risen to 9.
66 yuan / kg, and the subsequent high pig price continues, chicken consumption demand is expected to boost, pushing up chicken prices
.
In terms of chicken seedlings, the impact of short supply is more significant
.
According to steel union data, the average price of white feather chicks in the country this week was 3.
48 yuan / peat, an increase of 1.
75% month-on-month and 194.
92%
year-on-year.
On November 10, the quotation of Yisheng shares chicken seedlings has risen to 4.
5 yuan / peat, up 0.
5 yuan
in one month.
Due to the frequent outbreak of avian influenza abroad and the suspension of flights, the introduction of seeds from abroad in China began in May this year was not smooth, and the introduction volume was much lower than expected, resulting in a shortage
of chicken seedlings in the future.
Therefore, the industry expects that the supply of the industry will continue to be tight in the later period, and the price of white feather chicken seedlings from the fourth quarter of this year to next year will continue to improve
.
China's largest white chicken export enterprise changed owners, and control of Fengxiang shares was auctioned and transferred
China's largest white chicken export enterprise changed owners, and control of Fengxiang shares was auctioned and transferredOn October 16, the control of Fengxiang shares was transferred by auction
.
Following the announcement period, PAG Asia will officially become the new owner
of China's largest white feather chicken exporter.
It is reported that the total 70.
92% equity of Fengxiang shares held by New Fengxiang Holdings, Fengxiang Group and Fengxiang Investment has completed a judicial auction and transaction on the Ali platform, with a total consideration of about 1.
372 billion yuan
.
The Company changed hands and PAG Asia's fourth limited partnership became the Company's new controlling shareholder
.
Fengxiang Co.
, Ltd.
is a comprehensive enterprise focusing on modern chicken products, which was listed on the Stock Exchange
in July 2020.
Its founder Liu Xuejing started his second venture in 2004 and set foot in the copper cathode industry
.
At that time, Xiangguang Copper Industry, which was established with an investment of 5.
6 billion yuan, had an annual output of 450,000 tons of copper cathode, making it the world's largest copper smelting enterprise
.
The copper-smelting industry has historically been asset-heavy
.
In recent years, the company has been adversely affected by the copper trading market, coupled with the frequent outbreak of the epidemic, and its operating conditions are not optimistic
.
As the liquidity crisis of Xiangguang Copper continued to evolve, in early May this year, a creditor applied to the Shandong Liaocheng Intermediate Court for judicial restructuring of Xiangguang Copper, including 19 enterprises including Xinfengxiang Holdings and Fengxiang Group, which completely triggered a debt crisis
.
