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    Home > Active Ingredient News > Feed Industry News > Chicken prices in Japan begin to bottom out

    Chicken prices in Japan begin to bottom out

    • Last Update: 2002-09-09
    • Source: Internet
    • Author: User
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    Introduction: September 6 news: according to the Japanese economic news on September 4, after a long period of weakness and depression, the Japanese meat market has gradually improved driven by consumption growth at this stage Not only the market trend of beef and pork is turning better, but also the market price of chicken has recovered, especially the wholesale price of chicken is getting out of the bottom In March 2002, there was a scandal that the imported chicken was disguised as Japanese domestic chicken It was difficult for consumers to really understand the imported chicken and domestic chicken, so they had to give up buying and eating for fear of eating safety For a while, the price of chicken in the Japanese market fell sharply In September, the export of Brazil, the main supplier of chicken, to Japan decreased sharply The supply of chicken in other countries was also less than the annual amount, and the stock of chicken in Japanese market fell However, the increase of orders for raw chicken made by food processing companies and the tension between supply and demand led to the rise of the market The price of frozen chicken in the Tokyo market has generally risen For example, Chinese chicken leg meat has reached 270 yen to 280 yen per kilogram Chinese chicken breast meat is 190 to 200 yen per kilogram The average chicken produced in the United States is between 220 yen and 240 yen per kilogram The price of Brazilian chicken leg meat ranges from 270 yen to 280 yen Although the prices of these products are generally down 40% to 50% compared with the beginning of this year, from the price trend of nearly a month, with the active trading in the chicken market, the chicken market that has been hanging down has begun to stop falling and pick up September is the first month for all kinds of schools in Japan The probability of choosing chicken for students' meals is relatively high In addition, the coming tourist season will also stimulate the operation of foreign restaurants The market demand for chicken will be greatly increased If you want to mention the country selection of chicken consumption, Japanese domestic chicken is naturally the first choice, because they are more reassuring for consumers to eat However, due to Japan's economic downturn, consumers are reluctant to spend too much, and expensive domestic chicken can sometimes be deterred In order to make profits, the Japanese market manufacturers who use chicken to produce and process meat products have turned their purchasing attention to imported chicken again The imported chicken will be welcomed by the market in the future.
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