The thirteenth batch of the year!Official will store 40,000 tons of frozen pork again

Zhongxin Jingwei, June 22. The Hua Reserve Network issued the "Notice on the Thirteenth Batch of Central Reserve Frozen Pork Reserve and Storage Trading Related Matters" on the 22nd, stating that the collection and storage listed bidding transaction was 40,000 tons.

Source: Hualu.com

The notice shows that on the afternoon of June 24, the storage enterprise, quantity and warehouse transaction price will be determined through bidding transactions.

According to the calculation of the Ministry of Commerce, as of the week of June 17, the price of white pigs was reported at 21.59 yuan/kg, which has risen by more than 20%compared to the low of 17.5 yuan/kg in mid -March.

East Asia Qianhai Securities Research reported on the trend of pig prices that the early production capacity exfoliating effect gradually appeared, and the supply of pigs in the second half of the year is expected to decline, and the pig price center may rise. However, due to the cold weather in the fourth quarter, the demand for sausage and pickled bacon increased, the market preferences were large -weight pigs, and the pigs were heavy or continued to increase. In addition, in the second half of the year, the enthusiasm or decline of the piglet supplementation of the piglets, if the price of the piglets fell to a loss, the breeding households eliminated sows or occurred. The increase in the weight of the pigs and the increase in the elimination of the market will increase the supply of pork, or suppress the increase in the price of pigs to a certain extent. (Zhongxin Jingwei APP)

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