Wholesale price of chicken products in Thailand rises rapidly

Introduction: the wholesale price of Turkey in Bangkok market is in a period of rapid rise In July, the price of chicken per kilogram issued by the Ministry of agriculture of Thailand rose 23.7% to 34.6 baht (about 97 yen: 1 baht = 2.8 yen), the highest price in three years The price trend of chicken products in Thailand in recent years is complex Due to the economic recession and overproduction, the price of chicken products has been hovering at a low level since the sharp fall of prices in September and October of 1999 But in this year, due to the outbreak of cattle and pigs, mainly in the European market, the export demand has increased greatly, and the price has risen rapidly since April Recent mass production and high prices are dependent on a substantial increase in export demand But in the future, the situation of export depends on the domestic supply and demand of chicken products in each importing country, which is difficult to judge Therefore, the possibility of a sudden drop in wholesale prices cannot be completely ruled out Thailand's farm sales prices are heavily influenced by wholesale prices and therefore show the same change In July, prices rose 22.6% from the same period last year to 32.3 baht (about 90 yen) This is because the increase of wholesale price stimulates the production willingness of chicken farms, which also makes the price of chicken as the main cost increase The price of chicks has been higher than that of the same period of the previous year since April In July, the price increased by 27.9% compared with that of the same period of the previous year, which is 0.4 baht (about 29 yen) for each chick On the other hand, retail prices, which have not changed much in recent years, are also rising rapidly In 1996-97, the retail price reached the peak, and then it has been declining gradually After September 1999, when the supply of chicken products increased, the retail price continued to decline However, the sharp increase in export demand leads to a sharp rise in wholesale prices, which also has a great impact on retail prices In June 2001, the retail price of chicken products per kilogram in Bangkok market increased by 7.1% to 52.6 baht (about 147 yen) compared with the same period last year, reaching 52 baht for the first time since 1997 However, the long-term sluggish retail price may have created a concept: the domestic market can even leave chicken, which will cause serious dependence on the international market in the stagnation of domestic demand Therefore, the domestic market as an export buffer should be fully maintained (author:) share to feed Weibo share to: