The pork market has stabilized in markets across the country.
We all know that the price of pork is inherently cyclical, and in a strong cycle of pork prices, the price of pork can reach about 30 to 40 yuan. But in a weak cycle, the price of pork can even fall to about 6 dollars. Because of this, pork markets and traders across the country are very concerned about the price of pork, which is also directly related to the survival and development of related industries. About you ask this question, I will do from the following points to answer in detail.
First, I'll talk about the current market for pork in markets across the country.
Taking September as an example, the current market for raw pork across the country has seen an increase of about 10% to 20%, with the average price of pork at about 13 yuan. Prior to this, the price of pork had fallen to about 6 to 8 yuan, and has even fallen below the cost price of pork farming, many farms and traders complained of suffering. The current market for pork has picked up, and prices may rise further in the future.
Two, the price of pork is rebounding.
As I said above, the price of pork itself has a very strong cyclical nature, the cycle is generally between six months to a year. The price of pork always reaches its peak during the New Year holidays. During the off-season, the price will drop to the bottom afterward. It is also for this reason that the price of pork can even have a difference of 2 to 5 times between a strong cycle and a weak cycle!
Third, I personally feel that the market for pork will continue to rise in the second half of the year.
Because there are a lot of festivals in the second half of the year, I think the public demand for pork will further increase. The price of pork is not only affected by the cycle, but also by the supply and demand in the market. When the demand in the market is further raised, I think the price of pork will rise further. Because of this, the price of pork across the country has now seen considerable fluctuations, and I think it is also difficult for the public to buy the previous cheap price of pork.