On December 2, 2025, the national average price for crossbred hogs was ¥11.39/kg, down ¥0.06/kg from yesterday. The average price for piglets was ¥19.23/kg, up ¥0.02/kg from yesterday. The average price of dressed pork was 15.25 RMB/kg, down 0.07 RMB/kg from yesterday; today's feed-to-pig ratio was 3.43:1, decreasing by 0.02 from yesterday.

Yesterday's hog prices fluctuated with a downward bias. Sentiment was weaker in northern regions, with more areas experiencing price declines, while southern regions saw mixed adjustments. The national average price decreased by 0.06 RMB/kg. Although large-scale farms attempted to boost prices by reducing supply at the beginning of the month, market follow-through was limited. Pork prices lacked upward momentum, and bullish sentiment gradually weakened.

Entering December, farmers showed strong willingness to sell. On one hand, corporate farms maintained high-volume sales due to average progress in fulfilling annual plans. On the other hand, small-scale farmers remained optimistic about year-end market conditions, leading to higher selling enthusiasm and increased average slaughter weights.

On the consumption side, while recent temperature drops have supported a gradual recovery in pork demand, the incremental increase remains insufficient to offset the concentrated supply release. Simultaneously, low-priced poultry and other substitutes continue to divert household consumption, further limiting the extent of pork demand recovery. Overall, the short-term market will likely maintain a pattern of strong supply and weak demand, with pork prices expected to trend stable to slightly weak.

Notably, as the price gap between northern and southern regions widens, northbound hog shipments may increase. Yesterday's market sentiment showed both stability and bearish expectations. Today's hog prices are expected to adjust slightly downward within a stable range. Monitor the slaughter pace of large-scale farms and the sales volume of dressed pork at the terminal market.

As an integrated internet platform providing benchmark prices, on December 3, the benchmark price of live pigs on SunSirs was 11.52 RMB/kg, a decrease of 0.09% compared with the beginning of the month (11.53 RMB/kg).

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.