At the end of the year, strong demand promotes the rebound of pig prices and the market is difficult to continue...

Citizens preparing for the new year's meat products, leading to an increase in demand for pork, driving a new round of increase in pork prices! According to the monitoring of the Commodity Data Business Agency, the price of domestic and foreign three-yuan pigs (three breeds of hybrid pigs) fluctuated upward in November.

In November, domestic and foreign Sanyuan pig prices rose by 9.

On November 30, the official website of the Ministry of Agriculture and Rural Affairs released the weekly monitoring report on the ex-factory price of lean white pork for the 47th week of 2021: According to the joint monitoring of the Information Center of the Ministry of Agriculture and Rural Affairs and Shandong Zhuochuang Information Co.

In November overall, according to the monitoring of the business agency, the domestic and foreign three-yuan pig prices fluctuated upward in November.

Regarding the reason for the recent increase in pig prices, the analysis in the weekly monitoring report on the price of lean white striped pork in the 47th week of 2021 indicated that the domestic ex-factory price of lean white striped pork (hereinafter referred to as "pork price") increased month-on-month this week

Sales revenue growth of related listed companies

The reporter also noticed that the impact of the rebound in pig prices has begun to be reflected in the sales briefings of related listed companies

Industry analysis

In December, the overall pig price may be stable and weak

Although the pig price has been volatile and rising recently, the industry generally believes that the current pig price still lacks the basis for a substantial price increase, because overall, the supply of live pigs is still sufficient

According to the research report of AVIC Securities, the current live pig market has rebounded in stages, but the stock is still at a high level, and the overall supply and demand are still relatively loose