Domestic average pig price return to the 30 yuan / kg mark import or further
-
Last Update: 2020-06-17
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
A wave of price correction that lasted more than three months, so that the domestic pig column price from the high once fell to 26 yuan / kg or so, the market on the pig cycle to start down the argument is very busy, but in mid-to-late May, pig prices start to warm up, and now again rose back to 30 yuan / kg abovey3C
Pig prices rose to more than 30 yuan / kgy3CJune 5, Wen's shares (300498) released the May 2020 production and marketing data show that the company sold 90.06 million pigs (including pigs and fresh products), revenue of 3.469 billion yuan, the average price of pig sales 29.61 yuan / kg, year-on-year changes of 55.33%, 7.11%, respectivelyThe average sales price of the company's pigs increased year-on-year in the same month, mainly due to the tight supply of domestic pigsy3C
On the same day Zhengbang Technology (002157) released production and sales data also showed that the company sold 496.2 million pigs in May (of which 827,000 piglets and 41.35 million commercial pigs), up 20.65 percent year-on-year, and sales revenue of 1.826 billion yuan, up 138.12 percent year-on-yearThe average sales price of commercial pigs (excluding piglets) was RMB29.86/kg, down 10.72 per cent from the previous month, and the average weight was 136.84 kg/head, an increase of 0.79 per cent over the previous monthThe company said that the larger year-on-year increase in pig sales revenue in May was mainly due to a larger increase in pig sales pricesy3C
After the end of February 2020, domestic pig prices continued to decline, but in recent times, meat prices have rebounded significantlyy3C
According to so-much pig data, since May 15 pig prices bottomed 26.5 yuan / kg phase low after a week of rapid rebound to 28.5 yuan / kg, in the 28.5-30 yuan / kg range stabilized in the market The whole nearly 10 days, the last three days of pig price rise again accelerated, just over three days pig prices rose up to 2 yuan / kg, the current pig prices from 20 days ago the stage low has rebounded 4 yuan / kg, the return increase of 15% y3C
On June 4th, the average price of lean-meat pigs in China was 30.58 yuan/kg, up 0.87 yuan/kg/ kg from 29.71 yuan/kg on the previous day, up 2.93% in a single day, and 15.38 yuan/kg from 15.2 yuan/kg in the same period last year, up 15.38 yuan/kg from the same period last year, up to 101.18% YoY y3C
"Pig prices bottom rebounded for nearly 20 days, due to the persistence of north-south performance differences, by the north low-cost areas rebounded sharply, high-priced areas relatively weak small increase sharply, regional price differentials continue to significantly narrow, and even the northern bureau to catch up with the southern part of the phenomenon of pig prices." Overall look at the current Northeast from the previous 22-23 yuan / kg phase of the lowest level rebound to 28-29 yuan / kg, the local rise broke 30 yuan / kg, the cumulative return of 6-7 yuan / kg, the largest rebound in the country, followed by North China's overall return increase is also about 5 yuan / kg to the current 29-30 yuan / kg or so, while the south and southwest high-priced areas of the provinces are still generally maintained at 30-33 yuan / kg, the overall regional average price difference of about 2 yuan / kg Feng Yonghui, an analyst at Sou Pig.com, said, "
y3C the recent national widespread rebound is still continuing, from the local quotations, June 4, the country's 11 provinces rose more than 1 yuan / kg in a single day." The reason is that in the early pig prices continue to fall in the process of the killing and fall of the farm side, especially in the northern region of the farmers serious panic selling behavior, the pig source should not be out of the column ahead of the column, resulting in the current shortage of the current supply of marked pigs farmers anti-price selling sentiment is strong, slaughtering enterprises in order to alleviate the difficulty of high-quality pig source procurement price increase acquisition y3C overseas imports to reduce the price of pigs or further upward y3C According to media reports, the three major U.S meat companies recently closed more than 20 slaughterhouses, meat processing workers in more than 3000 people infected with new crown pneumonia, the death toll has reached 44 The U.S pork market and related industrial chain are facing unprecedented supply and demand shocks, and there is a meat-free situation in the market y3C
It is also worth noting that the U.S is China's largest exporter of pork, but some Chinese buyers have canceled orders for an unknown number of U.S pork y3C
Sou pig network analysis that the current foreign epidemic is still not optimistic, and China's major pork importers of the European Union and the United States and other places, the outbreak is more serious, some of the pig's large enterprises appear to stop slaughtering or stop production operations From the port analysis, after the spread of the epidemic, although only a very small number of ports in various countries announced the suspension of port activities, but most of the ships and personnel in and out of the port of control and isolation measures, so the smooth flow of trade has a greater impact y3C
The industry expects the decline in domestic pork imports to be further expanded in June-July, with domestic pork imports falling by around 30% month-on-month in April-May and 50% in June-July Imported pork or gradually resumed after August, depending on the development pattern of the outbreak of the new crown pneumonia outbreak and the degree of control of various countries At present, the international new crown epidemic situation is serious, it is expected that imported pork is frustrated, will be conducive to the trend of domestic pig prices y3C
"Entering June, the pig market is welcome to open the door, the overall trend of pig prices is basically in line with our previous forecast After the serious advance release of pig production capacity in the early stage, under the effect of the gradual recovery of consumption, the effect of pig supply cut-off period is becoming more obvious At the beginning of the current month, the breeding farm plan to draw less wait-and-see sentiment is thick, the market price of pigs tight, coupled with the price of pigs again overall rise will intensify the farmers to resist the price of selling psychology, short-term slaughter enterprises to collect pigs difficult or further increase Feng Yonghui analysis y3C
Feng Yonghui said that from the current downstream pork consumption situation, meat prices can not keep pace with pig prices, slaughter enterprises on pig prices continue to rise to accept limited, it is inevitable that there is another reduction in price intention It is expected that the short-term supply and demand game will intensify again, with the pig prices around the slowing down, some areas rising too fast or there is the possibility of a small decline adjustment However, the current pig supply cut-off period effect to form a strong support for the market, in a short period of time pig prices again into a steady consolidation state y3C
(Author: Zhao Lixuan) a wave of price correction that lasted more than three months, so that the domestic pig column price from a high to 26 yuan / kg or so, the market on the pig cycle to start down the argument is very busy, however, in mid-to-late May, pig prices started to pick up, and now again rose back to 30 yuan / kg above y3C
Pig prices rose to more than 30 yuan / kg y3C June 5, Wen's shares (300498) released the May 2020 production and marketing data show that the company sold 90.06 million pigs (including pigs and fresh products), revenue of 3.469 billion yuan, the average price of pig sales 29.61 yuan / kg, year-on-year changes of 55.33%, 7.11%, respectively The average sales price of the company's pigs increased year-on-year in the same month, mainly due to the tight supply of domestic pigs y3C
On the same day Zhengbang Technology (002157) released production and sales data also showed that the company sold 496.2 million pigs in May (of which 827,000 piglets and 41.35 million commercial pigs), up 20.65 percent year-on-year, and sales revenue of 1.826 billion yuan, up 138.12 percent year-on-year The average sales price of commercial pigs (excluding piglets) was RMB29.86/kg, down 10.72 per cent from the previous month, and the average weight was 136.84 kg/head, an increase of 0.79 per cent over the previous month The company said that the larger year-on-year increase in pig sales revenue in May was mainly due to a larger increase in pig sales prices y3C
After the end of February 2020, domestic pig prices continued to decline, but in recent times, meat prices have rebounded significantly y3C
According to so-much pig data, since May 15 pig prices bottomed 26.5 yuan / kg phase low after a week of rapid rebound to 28.5 yuan / kg, in the 28.5-30 yuan / kg range stabilized in the market The whole nearly 10 days, the last three days of pig price rise again accelerated, just over three days pig prices rose up to 2 yuan / kg, the current pig prices from 20 days ago the stage low has rebounded 4 yuan / kg, the return increase of 15% y3C
On June 4th, the average price of lean-meat pigs in China was 30.58 yuan/kg, up 0.87 yuan/kg/ kg from 29.71 yuan/kg on the previous day, up 2.93% in a single day, and 15.38 yuan/kg from 15.2 yuan/kg in the same period last year, up 15.38 yuan/kg from the same period last year, up to 101.18% YoY y3C
"Pig prices bottom rebounded for nearly 20 days, due to the persistence of north-south performance differences, by the north low-cost areas rebounded sharply, high-priced areas relatively weak small increase sharply, regional price differentials continue to significantly narrow, and even the northern bureau to catch up with the southern part of the phenomenon of pig prices." Overall look at the current Northeast from the previous 22-23 yuan / kg phase of the lowest level rebound to 28-29 yuan / kg, the local rise broke 30 yuan / kg, the cumulative return of 6-7 yuan / kg, the largest rebound in the country, followed by North China's overall return increase is also about 5 yuan / kg to the current 29-30 yuan / kg or so, while the south and southwest high-priced areas of the provinces are still generally maintained at 30-33 yuan / kg, the overall regional average price difference of about 2 yuan / kg Feng Yonghui, an analyst at Sou Pig.com, said, "
y3C the recent national widespread rebound is still continuing, from the local quotations, June 4, the country's 11 provinces rose more than 1 yuan / kg in a single day." The reason is that in the early pig prices continue to fall in the process of the killing and fall of the farm side, especially in the northern region of the farmers serious panic selling behavior, the pig source should not be out of the column ahead of the column, resulting in the current shortage of the current supply of marked pigs farmers anti-price selling sentiment is strong, slaughtering enterprises in order to alleviate the difficulty of high-quality pig source procurement price increase acquisition y3C overseas imports to reduce the price of pigs or further upward y3C According to media reports, the three major U.S meat companies recently closed more than 20 slaughterhouses, meat processing workers in more than 3000 people infected with new crown pneumonia, the death toll has reached 44 The U.S pork market and related industrial chain are facing unprecedented supply and demand shocks, and there is a meat-free situation in the market y3C
It is also worth noting that the U.S is China's largest exporter of pork, but some Chinese buyers have canceled orders for an unknown number of U.S pork y3C
Sou pig network analysis that the current foreign epidemic is still not optimistic, and China's major pork importers of the European Union and the United States and other places, the outbreak is more serious, some of the pig's large enterprises appear to stop slaughtering or stop production operations From the port analysis, after the spread of the epidemic, although only a very small number of ports in various countries announced the suspension of port activities, but most of the ships and personnel in and out of the port of control and isolation measures, so the smooth flow of trade has a greater impact y3C
The industry expects the decline in domestic pork imports to be further expanded in June-July, with domestic pork imports falling by around 30% month-on-month in April-May and 50% in June-July Imported pork or gradually resumed after August, depending on the development pattern of the outbreak of the new crown pneumonia outbreak and the degree of control of various countries At present, the international new crown epidemic situation is serious, it is expected that imported pork is frustrated, will be conducive to the trend of domestic pig prices y3C
"Entering June, the pig market is welcome to open the door, the overall trend of pig prices is basically in line with our previous forecast After the serious advance release of pig production capacity in the early stage, under the effect of the gradual recovery of consumption, the effect of pig supply cut-off period is becoming more obvious At the beginning of the current month, the breeding farm plan to draw less wait-and-see sentiment is thick, the market price of pigs tight, coupled with the price of pigs again overall rise will intensify the farmers to resist the price of selling psychology, short-term slaughter enterprises to collect pigs difficult or further increase Feng Yonghui analysis y3C
Feng Yonghui said that from the current downstream pork consumption situation, meat prices can not keep pace with pig prices, slaughter enterprises on pig prices continue to rise to accept limited, it is inevitable that there is another reduction in price intention It is expected that the short-term supply and demand game will intensify again, with the pig prices around the slowing down, some areas rising too fast or there is the possibility of a small decline adjustment However, the current pig supply cut-off period effect to form a strong support for the market, in a short period of time pig prices again into a steady consolidation state y3C
(Author: Zhao Lixuan) and "pigs, imports" -related articles: recommended topics: News Hits List: Popular Pictures News: News Review List: Seven Mouths Forum:
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.