Group 1 - The domestic futures market for agricultural products shows mixed performance, with live pig futures experiencing a downward trend, closing at 14,235.00 CNY/ton, down 1.65% from the previous session [1] - The National Bureau of Statistics reported a 1.3% increase in pork production in the first half of the year, with live pig inventory at 42,447 million heads, up 2.2% year-on-year [1] - The current sentiment in the live pig market is weak, with spot prices continuing to decline, leading to a significant narrowing of the basis between spot and futures prices [1] Group 2 - According to Wengang Futures, the increase in slaughtering may be limited due to weak downstream orders, resulting in a slight overall decline in pig prices [2] - New Century Futures anticipates a continued increase in live pig supply, while high temperatures are expected to suppress consumer demand, leading to a slight decrease in slaughterhouse operating rates [2]
高温天气继续制约消费需求 生猪期货存下行压力
Jin Tou Wang·2025-07-16 06:11