SunSirs: Pig Prices Continue to Rise (10.7-10.11)
October 16 2019 14:35:45 SunSirs (Eva)1.Price Trend
According to the monitoring of the SunSirs, the price of domestic and foreign three yuan pigs continued to rise this week, with an average price of RMB 27.43 yuan / kg at the beginning of the week and RMB 29.43 yuan / kg at the weekend, up 8.38%.
2.Cause analysis
During the national day, the price of domestic pig market continued to be strong. Previously, a small amount of frozen meat out of the warehouse had a limited effect on the ultra-high meat price. After the national day, the situation of tight supply of domestic pig market was still not eased, and the difficulty of purchasing slaughtering enterprises continued to increase. In order to ensure the market supply continued to raise prices and replenish the stock, the price of pigs in many parts of the country broke through RMB 30 yuan / kg in succession this week, and the price of the national pig market was whole. The body continues to rise.
This week, the price of domestic corn market fell slightly, the price of soybean meal went up again, the overall cost of breeding and feeding is still at a high level, and the ultra-high meat price will rise to a strong support for the enthusiasm of farmers to make up the market, and with the support of the policies of pig production restoration around the country, the overall amount of domestic pig stocks will be weak and stable.
3.Future Market Forecast
SunSirs analyst of pig products believes that under the support of tight demand in the short term, the price of domestic pig market still has some room to rise.
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