The price of chicken in Japanese market is firm

Introduction: according to the Japanese economic news on November 30, the wholesale price of domestic chicken in the Japanese market is on the rise due to the arrival of the peak demand season at the beginning of the year Compared with the market situation of chicken at the end of 2001, it is the best way to explain the market changes At that time, the index figure of wholesale price of chicken leg meat was that the average value of increased sales in Tokyo meat market was 541 yen per kilogram on September 10 when the first case of BSE was initially confirmed in Japan, and 700 yen per kilogram two months later By January 7 of the next year, the same size of chicken leg meat per kilogram had risen to 748 yen, the highest price in the Japanese market in the past 10 years, which really surprised the market After the market shock of mad cow disease in the past year, the growth of market consumption of chicken instead of beef gradually tends to moderate, and consumers' purchase begins to diversify But now the wholesale price of chicken drumsticks in Tokyo is still 671 yen per kilogram, about 11% higher than the relatively cheap market in July this year To sum up, this year's chicken leg Market in Tokyo meat market has a high probability of more than 700 yen per kilogram Some people predict that it may reach 750 yen per kilogram Just when people think that the price of chicken supplied by the market has more room to rise, in March this year, there were several incidents of counterfeiting places of origin in the Japanese market, which greatly affected consumers' confidence in the safety of chicken consumption, and most of the problems were caused by imported chicken This practice has not changed since consumers have been far away from imported chicken to buy domestic Japanese chicken with relatively high reliability The industry of Japanese chicken market used to mix relatively cheap imports with domestic products to make more profits However, after the exposure of the misconduct of the fake origin, the so-called "domestic" can no longer continue Due to such changes in market behavior, limited domestic chicken in Japan is bound to be sought after, so that in June and July, when the demand for chicken is off-season every year, the stock of frozen chicken in Japan has not increased The market presumes that the total quantity of domestic chicken leg meat in Japan is only about 5000 tons, which is the lowest level so far In the past years, more quantity was stored in the warehouse in the off-season of demand, and then put into the market at the beginning of the year at the end of the peak season of demand But this year, there is no supply base, and the supply-demand accounting will become severe Another factor driving up wholesale prices is an increase in the number of drumstick "specials" in many Japanese supermarkets This aggravates the imbalance between supply and demand in the market As a matter of fact, Japanese supermarkets are considering importing more chicken to meet the urgent need Drumsticks began to decline after reaching a high market price in December 2001 But it has been climbing since August this year In addition, the chicken breast meat in Japanese market will gradually increase with the price of chicken leg meat, and the wholesale price per kilogram is about 200 yen This kind of chicken breast meat with less fat content has limited sales volume in the supermarket, and the purchase quantity is only half of the chicken leg meat At the height of the BSE crisis, the price of chicken breast meat, as an alternative to beef, had risen to more than 300 yen per kilogram The market price of drumsticks will rise until the end of the year.