The National Development and Reform Commission will take another shot Pig price guarantee industry that the price will run in a reasonable range

Author:Securities daily Time:2022.09.10

Reporter Du Yumeng

Following the initial stabilization of pigs in early July, after two months, the National Development and Reform Commission then condemned related companies to confessing the price of stable prices in the pig market. On September 9, the National Development and Reform Commission released news that the Price Department of the National Development and Reform Commission, in conjunction with the Department of Consumption Promotion Department of the Ministry of Commerce, organized industry associations, head breeding enterprises and slaughtering enterprises to hold meetings to analyze the supply and demand and price situation of pig markets, research Good pig market guarantees stable prices.

"Although both meetings are for stable pig prices, the actual situation is slightly different. Especially on September 8, relevant departments put on the first batch of central frozen pork reserves this year." In an interview with the "Securities Daily" reporter, the difference is that the difference is that the supporting factors of the two rounds of pig prices are different. On July 4th, the core starting point of the National Development and Reform Commission held a special conference for the preservation and stabilization price of the pig market was to release the regulatory signal, and the starting point of this meeting was to supplement the supply, meet demand, and maintain stable pig prices.

Judging from the monitoring data of Zhuochuang Information, from September 1st to September 6th, there have been different degrees of stock preparation of the Mid -Autumn Festival in all parts of the country. Data show that as of September 6, the average operating rate of slaughtering enterprises in the country was 25.26%, an increase of 1.36 percentage points from the beginning of the month, showing a slow upward trend. From the perspective of price, Huiyi.com shows that in September, the average price of ternary pigs in the country was always above 23 yuan/kg, which was higher than July and August. New high, reaching 23.47 yuan/kg.

Shen Xinfeng believes that the price of pigs before this round of holidays has risen, and it is more driven from the demand side. On the one hand, the National Day is coming, and the demand for pork is stronger, forming a pressure on price; on the other hand, the new lunar year was on January 22, 2023, earlier than the general year, that is, the demand for marinated pork on the lunar month It will be released in advance, and the price of pork will increase in November.

"Although the incremental increase is limited, the reserves of the storage meat will increase the supply of pork on the market, and then form a sharp effect on the price of pigs." The actual effect, the release of the message of this time is more reflected in the expected level.

According to the analysis of the relevant parties, the current price of pig food is in a reasonable range, and the average profit of pig farming heads is significantly higher than the historical average. For example, the price of pigs has further increased significantly, which may lead to excessive increase in production capacity and a sharp decline in later prices, which is not conducive to long -term healthy development of the industry. Essence

Regarding the later price trend, from the news from this meeting, all parties believe that the supply of pigs and pork markets in the later period of this year is guaranteed, and the price is expected to run in a reasonable range.

Shen Xinfeng also said that from the perspective of supply, the current pork production capacity is still at a high level. Therefore, pork prices do not have significant upward possibilities. Comprehensive research on the supply and demand pattern of pork, it is expected that pork prices will show the N -shaped vibration trend at the current high level.

The National Development and Reform Commission stated that in the next step, the relevant departments will continue to pay close attention to the dynamics of the pig market, take strong and effective measures in a timely manner to ensure that the price of pigs run in a reasonable range, and promote the long -term healthy development of the industry. The participating companies also unanimously stated at this meeting that they will take the lead in doing a good job in the pig market to ensure stable prices, strive to increase market supply, and promote the smooth operation of prices. In addition, the participating industry association said that it will strengthen industry self -discipline and guide enterprises to maintain the rhythm of normal fences and not to stock up.

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