After the Spring Festival holiday, domestic pig prices continued to decline. In mid-February, the problem of strong supply and weak demand in the live pig market remained unresolved. Pig prices continued to be under pressure and adjusted downward. On February 18, the average price dropped to 12.67 RMB/kg. It was down 9.63% from the pre-holiday period.
The pig product analyst of SunSirs believes that the problem of strong supply and weak demand in the meat market is still severe, and it is difficult for pig prices to recover in the short term, and it is expected to continue to be stable and biased towards weak operation.
