SunSirs: Reduced Pork Imports Boost China Live Pig Market Outlook
May 21 2026 10:28:31 SunSirs (Selena)
According to the latest data from the General Administration of Customs, China imported 70,000 tons of pork in April 2026—a 12.5% decrease compared to the same period last year. For the January–April 2026 period, China's cumulative pork imports totaled 250,000 tons, representing a 30.1% decline year-on-year.
Customs data indicates that cumulative domestic pork imports for the first four months of 2026 fell by 30.1% year-on-year, while imports for the month of April alone dropped by 12.5%. This contraction in import supply has alleviated pressure on the domestic pork market, thereby creating a favorable environment for live pig spot prices. On the futures front, on May 19, 2026, the benchmark live pig futures contract (Contract 2607) on the Dalian Commodity Exchange closed at 10,795 RMB per ton—an increase of 75 RMB per ton from the previous trading day. Open interest rose by 3,846 lots, signaling increased willingness among market participants to build long positions, which in turn provides support for futures prices.
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