China’s poultry, egg prices decline

The average price of Chinese live chicken weighing 1 to 1.5 kilos decreased to 16.52 Yuan (US$2.42) per kilo in late July, a drop of 0.56% compared to late June, and 3.35% compared to the same period of last year, according to the Beijing-based China Animal Agriculture Association.

The data from CAAA also shows that China's chicken meat price only reached 14.08 Yuan (US$2.06) per kilo in late July, dropping by 0.65% compared to late June and 5.45% compared to 2008.

In July, China consumed a total of 15,200 tons of eggs for 5.97 Yuan (US$0.87) per kilo, according to Beijing's Himfr.com. Although the egg sales volume in China increased by 7.7% compared to July 2008, its price of each per kilo fell by 3.6%, said the report.