SunSirs: The Game of Supply and Demand Intensifies, and the Price of Pigs Fluctuates Forward
April 15 2022 09:12:03 SunSirs (John)
Price trend
On April 14, the average price of ternary pigs was 12.22 RMB/kg, down 0.08% from the beginning of the month.
Analysis review
Entering mid-April, the demand in the terminal meat market is still sluggish, which makes domestic pork continue to run weakly. As the competition between supply and demand in the live pig market continues to intensify, farmers in some areas are more reluctant to sell and support prices, supporting domestic pig prices to stabilize.
Market outlook
The pig product analyst of SunSirs believes that: the supply and demand of the pig market is in game, and it is difficult to support the overall recovery of domestic pig prices through reluctance to sell and high prices. In the short term, domestic pig prices will continue to fluctuate slightly at the current level.
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