# China’s Chicken Prices Are Unlikely to Rally After First Dip in Three Years, Analysts Say

> China's average broiler price fell 1.6% year on year in August, the first decline in nearly three years, as production rose and demand weakened. Analysts do not expect prices to recover soon and say they may fall further, though live broiler prices rose 0.6% month on month in late August.

- Date: 2020-09-14 · published 2020-09-14T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/51269-china-s-chicken-prices-are-unlikely-to-rally-after-first-dip-in-three-years
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Lower Chinese chicken prices reduce demand for feed in the world's largest importing market, though pork prices have surged, which supports chicken as a substitute.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- yicaiglobal.com: https://www.yicaiglobal.com/news/china-chicken-prices-are-unlikely-to-rally-after-first-dip-in-three-years-analysts-say

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.