Lihua, a poultry producer, announced that it sold 39.9 million broiler chickens in October which was down 5.2% month on month but up 8.2% year on year. The average selling price was 14.06 yuan per KG which was down 8.6% month on month and down 18.9% year on year.
Xianjia, a smaller competitor, announced that it sold 4.0 broilers in October, which was down 7.3% month on month and down 0.1% year on year. Its average selling price was 11.74 yuan per KG which is down 7.6% month on month and down 23....