SunSirs--China Commodity Data Group

Member ID: password: Join Now!
Commodity News

SunSirs: The Price of China Live Pigs continues to be Weak Last Week

November 29 2022 13:49:24     SunSirs (Selena)

According to the monitoring of SunSirs, the domestic and foreign three yuan pig prices continued to decline in a weak way last week, with an average price of 24.90 RMB/kg at the beginning of the week and 23.98 RMB/kg at the weekend, down 3.69% during the week.

In the late November, the demand of the terminal meat market was more sluggish, the pig purchase by slaughtering enterprises was relatively smooth, and the purchase quantity and price were continuously lowered. The pig price continued to decline in a weak way, and the intention to realize breeding was not reduced. The pig continued to enter the market. The problem of strong supply and weak demand in the domestic pig market was highlighted, and the overall pig price continued to decline in a weak way.

Last week, the domestic corn price rose by 0.71%, and the soybean meal price rose by 3.39%. In a word, the breeding and feeding cost is still at an ultra-high level and continues to increase as a whole. The piglet price remains at a high level, and the rising breeding cost will form a strong bottom support for the future pig price.

SunSirs analyst of live pig products believes that the problem of strong market supply and weak demand cannot be alleviated in the short term. The domestic pig price will continue to operate weakly. At the same time, the rising breeding cost will support the future pig price to a certain extent. The overall decline space of China domestic live pig market price is limited.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Related Information
Energy
Chemical
1,3-butadiene | Acetic acid | Acetic anhydride | Acetone | Acrylic acid | Activated charcoal | Adipic acid | Aluminum fluoride | Ammonium nitrate | Ammonium sulfate | BDO | Benzene | Bisphenol A | Bromine | Butyl acetate | Butyl Acrylate | Calcium carbide | Calcium chloride | Calcium Formate | Caustic soda | Chlorinated Paraffin | Chloroacetic acid | Chloroform | CPL | Cryolite | Cyclohexane | DBP | Dichloromethane | Diethylene glycol | Dimethyl carbonate | DMF | DOP | DOTP | EA | ECH | Epoxy resin | Ethyl Acrylate | Ethylene oxide | Ferrous lithium phosphate | Flake caustic soda | Fluorite | Formaldehyde | Formic acid | Glycerol | Hexafluoropropylene | Hydrochloric acid | Hydrofluoric acid | Hydrogen peroxide | Hydrogenated benzene | IPA | Isobutanol | Isooctyl Acrylate | Liquid ammonia | Lithium carbonate | Lithium hydroxide | Maleic anhydride | MEK | Melamine | MIBK | N-butanol | N-butyraldehyde | N-Methylpyrrolidone | N-propanol | Neopentyl glycol | Nitric acid | Orthoboric acid | OX | PA | PAC | PAM | Paraformaldehyde | PCE | PEG | Phenol | Phosphate rock | Polysilicon | Potassium carbonate | Potassium chloride | Potassium nitrate | Potassium sulfate | Propane | Propylene | Propylene Glycol | Propylene oxide | PTFE | R134a | R22 | Resorcinol | Silica | Silicone DMC | Soda ash | Sodium acetate | Sodium Bicarbonate | Sodium metabisulfite | Stearic acid | Sulfur | Sulfuric acid | TDI | Titanium Dioxide | Titanium tetrachloride | Trichloroethylene | Urea | vitamin A | vitamin C | vitamin E |
Rubber & plastics
Textile
Non-ferrous metals
Steel
Building materials
Agricultural & sideline products