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    Home > Active Ingredient News > Feed Industry News > Seven consecutive drops! Hog prices fell by 40%, and the downturn may continue after the Spring Festival

    Seven consecutive drops! Hog prices fell by 40%, and the downturn may continue after the Spring Festival

    • Last Update: 2023-02-03
    • Source: Internet
    • Author: User
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    ;

    The website of the National Bureau of Statistics announced on the 4th the market price changes of important means of production in the circulation field in late December 2022
    .
    VMs-,

    According to the monitoring of the market prices of 50 important means of production in 9 categories in the national circulation field, compared with mid-December 2022, 15 products rose in price, 31 decreased, and 4 remained flat
    .
    VMs-,

    From the perspective of specific items, in terms of agricultural products, pigs (foreign three yuan) fell by 7.
    7%, and the price of the current period was 16.
    8 yuan / kg
    .
    In terms of oil and gas, liquefied natural gas fell by 5.
    2%, and the price of the current period was 7168.
    2 yuan / ton
    .
    VMs-,

    According to data from the National Bureau of Statistics, since the rise to fall in late October 2022, pig prices have "fallen for seven consecutive years", with a cumulative decline of 39.
    35%
    from late October to late December.
    VMs-,

    For the later price, the Western Securities report pointed out that the supply of live pigs is still abundant, and the lack of downstream demand suppresses prices
    .
    Around January 10, 2023, the Spring Festival stocking season will end, and it is expected that both pig supply and consumer demand will decline, and the trend of low pig prices may continue after the Spring Festival
    .
    VMs-,

    Guoyuan Securities believes that on the whole, in the first three quarters of 2023, pig demand and supply will show synchronous and slow growth, coupled with the short time of pickled enema in winter 2022, and the resumption of work in the industry after the epidemic is released, so the pickled enema will be lower than the same period of previous years, which will increase the demand for fresh meat in the second quarter of 2023, so the spot price in the first half of 2023 will be strongly supported under the trend of gradually strengthening demand, and the overall upward trend will be upward, but the upward space is limited.
    It is expected to fluctuate
    in the range of 16 yuan to 22 yuan / kg.
    By the fourth quarter of 2023, the fear of the epidemic has been basically eliminated, the market regardless of catering demand, wedding dinners and marinating activities will reach the high point in recent years, in addition to pork demand for chicken substitution will also reach the maximum, so the fourth quarter of 2023 pig prices will usher in a high point, is expected to break through the 25 yuan / mark again, but the duration will not be too long
    .
    VMs-,

    ;
    ;

    The website of the National Bureau of Statistics announced on the 4th the market price changes of important means of production in the circulation field in late December 2022
    .
    VMs-,

    According to the monitoring of the market prices of 50 important means of production in 9 categories in the national circulation field, compared with mid-December 2022, 15 products rose in price, 31 decreased, and 4 remained flat
    .
    VMs-,

    From the perspective of specific items, in terms of agricultural products, pigs (foreign three yuan) fell by 7.
    7%, and the price of the current period was 16.
    8 yuan / kg
    .
    In terms of oil and gas, liquefied natural gas fell by 5.
    2%, and the price of the current period was 7168.
    2 yuan / ton
    .
    VMs-,

    Pigs (foreign three yuan) fell by 7.
    7%, and the price of this period was 16.
    8 yuan / kg
    .

    According to data from the National Bureau of Statistics, since the rise to fall in late October 2022, pig prices have "fallen for seven consecutive years", with a cumulative decline of 39.
    35%
    from late October to late December.
    VMs-,

    Since the rise to fall in late October 2022, the price of live pigs has "fallen for seven consecutive years", with a cumulative decline of 39.
    35%
    from late October to late December.

    For the later price, the Western Securities report pointed out that the supply of live pigs is still abundant, and the lack of downstream demand suppresses prices
    .
    Around January 10, 2023, the Spring Festival stocking season will end, and it is expected that both pig supply and consumer demand will decline, and the trend of low pig prices may continue after the Spring Festival
    .
    VMs-,

    Guoyuan Securities believes that on the whole, in the first three quarters of 2023, pig demand and supply will show synchronous and slow growth, coupled with the short time of pickled enema in winter 2022, and the resumption of work in the industry after the epidemic is released, so the pickled enema will be lower than the same period of previous years, which will increase the demand for fresh meat in the second quarter of 2023, so the spot price in the first half of 2023 will be strongly supported under the trend of gradually strengthening demand, and the overall upward trend will be upward, but the upward space is limited.
    It is expected to fluctuate
    in the range of 16 yuan to 22 yuan / kg.
    By the fourth quarter of 2023, the fear of the epidemic has been basically eliminated, the market regardless of catering demand, wedding dinners and marinating activities will reach the high point in recent years, in addition to pork demand for chicken substitution will also reach the maximum, so the fourth quarter of 2023 pig prices will usher in a high point, is expected to break through the 25 yuan / mark again, but the duration will not be too long
    .
    VMs-,

    In the fourth quarter of 2023, pig prices will usher in a high point, and it is expected to break through the 25 yuan / mark again, but it will not last too long
    .
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