Are the low US pig prices a competition in our China export? For almost half a year, there has been a price difference between the US and the EU in the amount of approx. 0.50 € / kg. This would normally lead to a considerable disadvantage for EU exports to China / HK, which is reflected in declining export volumes. However, if the export volumes of the two exporters are exported to China, it must be noted that, despite the drifting pig prices, there have been no major shifts in trade flows. With slight fluctuations, the US exports since the beginning of 2016 largely unimpressed by the price events monthly deliveries of approx. 50,000 t to China / HK . Recently, sales volumes have increased comparatively small.For the EU, on the other hand, despite the EU price increases in 2016, export volumes to China / HK have tripled from 60,000 to 180,000 tonnes per month . In the months before and after the year 2016/17 A saturation phase on an elevated level can be observed on average. Chinese pork prices have now fallen below the 3 € / kg mark .The monthly fluctuations in the export volumes can be brought mainly in connection with European and Chinese holidays. This is a major cause of China's exports, which appear to be price-elastic Is found in the multi-month EU export losses of almost constant 1.50 € / kg . This shows that mainly less valuable parts are placed in the deliveries to China. This range makes the price quotations fluctuate Usually only in a small frame.Pork prices In the first line of the valuable parts. A second cause of the limited US export to China is the problem with the non-China accepted growth promoter Ractopamine . You can do without China exports, but you need lead times and delivery contracts. Even more critical, however, is the mixing problem . The meat samples are taken in Chinese ports.A possible US exporter therefore runs the risk that his delivery will be rejected and rejected. The alternative accommodation of such a shipment becomes expensive. In the USA , the growing grilling season is beginning to be felt with rising pig prices. This slows down the price gap between the EU and the US .
