Pig price rises 7percent monthly: demand boosts supply

 Pig price rises 7percent monthly: demand boosts supply

In early trading today, pork stocks rose sharply, tianbang shares were closed, Seville intelligent rose nearly 8%, Zhengbang technology and aonong biology rose more than 5%.

According to the agencys judgment, pig prices are still expected to continue to rebound, mainly based on the following reasons: first, the domestic large-scale suspension of meat products import, there is no sign of easing in the short term; second, the southern flood disaster caused transportation constraints.

Huachuang Securities pointed out that the current situation of tight domestic pig supply has not changed. In the second half of the year, domestic pigs are facing the situation of supply is difficult to increase and demand has been boosted. The five provinces in South China were all the major pig producing provinces, and the total pig output of the five provinces accounted for 27% of the whole country. Heavy rainfall not only restricted pig transportation, but also increased the difficulty of prevention and control of African swine fever. In the short term, the pig hurdle is serious and the supply margin is tight. Muyuan shares, Zhengbang technology and new hope are the leading domestic pig breeding enterprises with the highest production capacity.

Source of this article: Yang Qian, editor in charge of CFA_ NF4425