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MONTHLY ASIA CHICKEN WRAP: Japanese chicken supply crunch lifts North Asia chicken leg prices in Jan

North Asia chicken leg prices rose 2% in January, underpinned by persistently low Brazilian export volumes and firm Japanese demand, which tightened supply in Japan. CFR North Asia chicken leg prices climbed from $2,890/mt Dec. 31 to $2,950/mt Jan. 30 for March-April loading to Tokyo, reflecting a 2% month-over-month increase, according to price assessment data from Platts, part of S&P GlobalNorth Asia chicken leg prices rose 2% in January, underpinned by persistently low Brazilian export volumes and firm Japanese demand, which tightened supply in Japan. CFR North Asia chicken leg prices climbed from $2,890/mt Dec. 31 to $2,950/mt Jan. 30 for March-April loading to Tokyo, reflecting a 2% month-over-month increase, according to price assessment data from Platts, part of S&P GlobalRead More

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