1.Price Trend

　　According to the monitoring by SunSirs, the price of three yuan pigs at home and abroad continued to rise this week. Overall, the rising momentum slowed down. The average price of three yuan pigs at the beginning of the week was RMB 23.82/kg, and the average price at the end of the week was RMB 24.57/kg, up 3.15%.

　　2.Cause analysis

　　In September, the tight supply situation of domestic pig has not yet been alleviated. The rapid rise in pork prices has led to a sharp rise in terminal meat prices. The overall acceptability of terminal consumption is relatively poor, and terminal demand continues to be weak. In addition, provinces and municipalities have issued relevant policies to stabilize pig prices. The overall price of pig market has slowed down.

　　Domestic corn prices continued to run weak this week, soybean meal prices fell slightly, the cost of farming and feeding remained relatively high. Affected by the African swine plague situation, domestic pig stocks continued to be low and it was difficult to recover quickly. Provinces and municipalities have introduced policies to encourage pig production to resume production and domestic pig stocks. It is expected to stop the decline and stabilize.

　　3.Future Market Forecast

　　Analyst of live pig in SunSirs, said that the market demand for terminal meat is still depressed due to the super high meat price, and the measures taken to stabilize the pig price have been adopted in various places. The domestic pig market price has overall slowed down.

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