Shandong Province slaughtering enterprises’ 2.0-3.0cm fat thickness white strip pigs’ ex-factory prices have declined, with mainstream transaction prices at a low of 16.4 yuan/kg and high of 16.7 yuan/kg. Grade one skin-on white strips are 0.2-0.3 yuan/kg higher. Orders are mainly shipped to Jiangsu, Shanghai, and other regions. Pig prices have dropped significantly, causing farmers to panic sell, and demand has yet to see a boost. In the short term, market prices may continue to decline. (My Steel Network)
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Shandong White Pork Factory Price Declines
Shandong Province slaughtering enterprises’ 2.0-3.0cm fat thickness white strip pigs’ ex-factory prices have declined, with mainstream transaction prices at a low of 16.4 yuan/kg and high of 16.7 yuan/kg. Grade one skin-on white strips are 0.2-0.3 yuan/kg higher. Orders are mainly shipped to Jiangsu, Shanghai, and other regions. Pig prices have dropped significantly, causing farmers to panic sell, and demand has yet to see a boost. In the short term, market prices may continue to decline. (My Steel Network)