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Pork prices rose 57.6% month-on-month, and the price high may be in...

 Last Update: 2021-12-04
 Source: Internet
 Author: User

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After several months of low prices, the rebound in hog prices that began in the fourth quarter continues

Li Sujie, an analyst at Zhuo Chuang Information, told a reporter from the Securities Daily that according to the data monitoring of Zhuo Chuang Information, as of November 19, the national pork price was 23.

A research report issued by AVIC Securities believes that the recent rebound in pig prices is mainly based on two factors: supply and demand

Li Sujie predicts that the demand for live pigs in December may usher in the highest peak of the year, especially around the winter solstice, which is the concentrated period of cured meat and enema.

China’s food industry analyst Zhu Danpeng told the “Securities Daily” reporter that the current rise in the price of live pigs is due to changes in consumption rigidity, which increases prices and triggers changes in price leverage

However, in the two months before the Spring Festival, there were many factors affecting the price of live pigs

"Recently, the export adjustment of the northern big pigs has been smooth, coupled with the impact of local rainfall and snowfall, the slaughter companies are generally purchasing, and the price is weak

"In the two months or so between now and the Spring Festival, the price of live pigs will rise, but the increase will not be too great

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