abel3reel| The pig sector is optimistic: pig prices may reach 16 yuan/kg from May to June, rising significantly in the third quarter

News summary

The fundamentals of pig supply and demand are gradually easingabel3reelPig prices are expected to rise slowly from May to June, and are expected to approach 16 yuan/kg by the end of May.

Newsletter text

[Pork prices show a slow upward trend in the short term, and may usher in a significant upward trend in the third quarter]

According to market observations, pork prices may slowly rise in a slow trend in the near future. The recent decline in market weight and the fact that pig prices have remained stable and have not fallen under industry selling pressure indicate that the foundation of supply and demand of live pigs is gradually improving, indicating that pork prices will show an upward trend in the future.

Based on the current trend, if the market is not disturbed by extreme emotions, it is expected that pork prices will continue to rise slowly from May to June, and are expected to rise to about RMB 16 per kilogram by the end of May. The performance of the pork market in June is expected to be further clarified.