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SunSirs: Pig Prices Fluctuates Slightly
March 08 2022 09:03:22SunSirs(John)

Price trend

Analysis review

In March, the problem of strong supply and weak demand in the domestic live pig market has not been alleviated. The overall support for the recovery of meat demand brought about by the opening of colleges and universities is limited. The pigs are released to the market one after another, and the overall domestic pig price fluctuates weakly. The average price dropped to 12.37 RMB/kg on March 7, down 0.24% from March 1.

Market outlook

The pig product analyst of SunSirs believes that the terminal demand will continue to be sluggish, and it will be difficult for domestic pig prices to bottom out in the short term, and will continue to fluctuate at a low level.

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