H7N9 causes $6.5b loss to poultry industry
Updated: 2013-05-13 14:10
By Zheng Yangpeng (chinadaily.com.cn)
The ministry said that in the first week of May, the average retail price of chicken fell 9.6 percent over the same period in April.
However, analysts said the price might pick up significantly in June.
Shares among China-listed chicken processors have been rebounding on hopes that the worst will soon be over. Shenzhen-traded shares in New Hope Liuhe climbed 1.5 percent on Friday and shares in China KFC supplier Dachan (Asia) climbed 3.8 percent in Hong Kong while KFC parent Yum! rose 1.9 percent in New York.