From the pork market price trend in China, it can be seen that in 20 10-20 18, the overall pork market price in China fluctuated in the range of 20-30 yuan/kg. Since the beginning of 20 19, the pork price has risen rapidly, and by 2020, the pork market price has remained high, with 202/kloc-.
Specifically, in 20 19 10, the market price of pork rose to 58.58 yuan/kg, and then began to fluctuate in the price range of 45-60 yuan/kg. In February 2020, the price of pork reached 59.60 yuan/kg, the highest value in recent years.
Specifically, in 2002 1 year1month, the price of pork in China began to decline. Up to now, the price of pork has dropped to 36.09 yuan/kg.
From the demand point of view, the industry is in the off-season of demand.
Pork consumption has certain seasonal characteristics. Generally, there is the habit of making bacon in the south in winter, which is the traditional peak season of pork consumption, and the diet of residents in summer is light, which is the traditional off-season. In addition, pork consumption is also affected by holiday stocking. Usually, there will be the habit of stocking downstream before Mid-Autumn Festival, Spring Festival and other festivals.
At present, it is in the off-season of pork demand, which is greatly reduced compared with the high consumption heat around the Spring Festival. After the Spring Festival, the supply and demand of pork are often weak, and the market demand is not strong. The increase of supply meets the off-season of seasonal consumption, which leads to a more obvious decline in pork prices.
—— For more industry-related data, please refer to Foresight Industry Research Institute's Report on Development Prospect Prediction and Business Model Analysis of Livestock and Poultry Breeding in China.