According to a large number of data on pigs, the average price of three extra-national pigs on 5 september was 11 yuan/kg, a small increase of 0. 03 yuan/kg compared to yesterday. After a short run-off, market-trading sentiment re-emerged, with pig prices as a whole entering the path of operation at the bottom of the concussion, with the centre of gravity gradually rising。
Supply-side pacing is a central feature of the current market. As the mid-autumn and national holidays approach, industry expects to be released before the market rises, some of the pig farms continue to be sold at a relatively high price, proactively control the pace of the fence and stifling the market's distribution of pigs. However, there is still some pressure for large-scale farming, and institutional data show that the overall pig industry is growing by 1. 33 per cent in relation to the current month's total pig industry and by 4. 6 per cent in relation to the average day-out; and that, as a result of the festivities, the farm sector generally concentrated out of the window until mid-fall, with some enterprises having a strong attitude towards selling, with some constraints on short-term pig prices。
At the demand end, there was a smooth recovery, with relatively limited pull. In september, student-led sex consumption was released at the back-to-school stage, with the domestic slaughterhouse starting at about 31. 1 per cent, but the follow-up demand lacked sustained incremental support, the overall supply of pigs in the folded market was abundant, the feedback from downstream white strips was flat, and the orders for slaughterhouses fell slightly. To date, the rate of work at the sample slaughterhouses has stabilized at 30. 91 per cent, and terminal demand has been low on pig prices, making it difficult to promote rapid roll-up。
Taken together, both the supply and demand sides of the raw pig market are currently at a game stage, with a pattern of overall easing of supply and limited demand growth, with the market operating cautiously, and short-term pig prices probably maintaining the overall shock trend. However, the bottom of the market is stronger, growing moods are divided, strong sales are still in place and supply marginal pressures are gradually easing. With the gradual release of the double-saving supply demand and the sustained improvement in consumption margins, the concentration of pig prices this month will continue to rise at the bottom, with room for a break-up。
