SunSirs: China Domestic Pig Prices Continue to Be Weak and Bottoming Out
March 30 2026 10:57:24 SunSirs (Selena)
According to the Commodity Market Analysis System of SunSirs, the domestic and international prices of three RMB live pigs continued to operate weakly last week, with an average price of 10.23 RMB/kg at the beginning of the week and 9.85 RMB/kg over the weekend, a decrease of 3.71% during the week.
Entering late March, the domestic terminal meat market demand remains sluggish, with large-scale enterprises continuing to sell their pigs. The domestic pig market supply continues to be loose, and pig prices have fallen to the 10 RMB/kg mark. Last week, domestic pig prices continued to hit a new low in recent years. Under the pressure of strong supply and weak demand, domestic pig prices continue to be weak and explore the bottom.
Last week, domestic corn prices fluctuated slightly and fell by 0.12% within the week. Pig prices continued to decline, and the domestic pig to grain ratio continued to decrease, currently dropping to around 4.2:1. The loss area of the breeding industry continues to increase, and the domestic pig breeding industry continues to be in a deep loss situation.
SunSirs pig product analyst believes that in the short term, the strong supply and weak demand pressure in the domestic pig market are difficult to change, and pig prices will continue to operate at a weak bottom.
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