The reason pork prices keep going down is because of the decrease in people's demand after the Spring Festival and the increase in hog inventory, leading to changes in supply and demand in the market. Pork has always been the most consumed meat in China, and the price of pork has always touched many people's pocketbooks, becoming an important CPI component.

Pork prices because of the epidemic, coupled with swine fever led to the price of pork in the past two years has been high circling, but with the Spring Festival, people consume less, coupled with an increase in hog production capacity, more pork on the market, the price of pork with the changes in supply and demand has produced a certain decline.

I. After the Spring Festival pork demand decreased, pork prices have a certain decline.

Every year, the Spring Festival has been the peak season for people to consume pork, and many people will hoard pork for the New Year. Every year after the Spring Festival, the price of pork has a certain downward adjustment. Pork is very much affected by changes in supply and demand, because of the reduction in demand, naturally people have more opportunities to buy pork, pork prices therefore have a certain decline.

Two, hog production capacity recovery, increased supply led to a downward adjustment of pork prices.

When the epidemic occurred, because imports were affected, coupled with the impact of swine fever, hog production capacity is in short supply, so the price of pork all the way up. But with the control of the epidemic, swine fever also gradually disappeared, hog production capacity gradually increased, the market stock of pigs increased, able to market pork began to increase, increased supply, natural pork prices will not continue to rise, so the price of a certain range of downward adjustments just to cope with the change in supply and demand.

three, pork prices will not continue to decline.

Pork prices have declined after the Spring Festival, but now hog production capacity has not been fully restored, and feed prices on the market have risen, resulting in an increase in the cost of hog farming, so it is difficult for pork prices to decline again in the short term. Pork prices are likely to stabilize at the current price, up and down will not be too big. Wait until hog production capacity is fully restored, pork prices will continue to decline.

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