13.
03.19
12:52

China's pig prices skyrocketed

Here we go! Pork prices in China shoot up: from 2.13 to 2.84 € / kg The hitherto widely spread regional pork prices in China from converted 1.42 in the surplus north to over 3 € / kg in the loss-making southeast were previously a consequence of the transport restrictions to reduce ASP dissemination. The now relaxed restrictions have led to a convergence of regional rates at a rapidly rising level . Within a few days, prices have risen from 2.13 to the equivalent of € 2.84 / kg. Now the full extent of ASP-related scarcity of pork supply in China is becoming visible. Meanwhile, it is also admitted by the official side that the previously published production losses represent only half the truth. The rough estimates of the sow stocks show a monthly increasing downward trend.It can be deduced that in the coming months, due to the reduction in piglets, an increasing shortage of pork is to be expected. Already, meat imports are increasing significantly. It is not just about pork, but all other origins are in demand. The largest increase was achieved by beef, up 20 % on the previous year. It is possible that beef imports could catch up with pork imports. Experience has shown that the Chinese increase meat imports at high domestic prices. In the pigmeat sector, the EU ranks first with a usual market share of 55% . In fact, the phones are already ringing in Spain. Germany should also be part of it. In terms of beef Europe is too expensive with prices between 3.50 to 4 € / kg . By contrast, South American countries such as Argentina and Brazil are more competitive at prices between € 2 and € 2.50 / kg .Even the low-cost producers such as New Zealand and Australia, despite prices of the equivalent of 3 € / kg still as a supplier for China in question. In the case of poultry meat , the Chinese have become cautious. A series of deaths from the anthropomorphic variants of avian influenza have reduced their own production and consumption. Therefore, there is little development in this type of meat.

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