According to the China Securities News, after a brief rebound, pig futures prices have recently returned to a downward trend. The 2411 contract hit 16,635 yuan/ton at a minimum, a new low since March this year. Industry insiders said that increasing pressure on the supply side and poor terminal demand during the Mid-Autumn Festival and National Day this year have led to a weak trend in pig spot prices recently. However, considering factors such as pork consumption entering the peak season for the whole year in the fourth quarter, there is limited room for a further decline in pig prices during the year, and it is likely that the range will remain volatile.

According to the China Securities News, after a brief rebound, pig futures prices have recently returned to a downward trend. The 2411 contract hit 16,635 yuan/ton at a minimum, a new low since March this year. Industry insiders said that increasing pressure on the supply side and poor terminal demand during the Mid-Autumn Festival and National Day this year have led to a weak trend in pig spot prices recently. However, considering factors such as pork consumption entering the peak season for the whole year in the fourth quarter, there is limited room for a further decline in pig prices during the year, and it is likely that the range will remain volatile.