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卓创资讯:8月湘赣生猪价震荡下行月底或迎反弹

Core Viewpoint - In August, the pig prices in Hunan and Jiangxi provinces showed a downward trend, with a slight narrowing of the decline in Jiangxi by mid-month. The market was characterized by oversupply due to reduced weight from the breeding sector and seasonal consumption decline, leading to falling prices [1][1]. Price Trends - As of August 18, the average trading price of live pigs in Hunan was 13.54 yuan per kilogram, reflecting a decline since the beginning of the month [1][1]. - The average trading weight of live pigs in Hunan was recorded at 124.55 kilograms, a decrease of 0.77% compared to the previous month [1][1]. Supply and Demand Analysis - The breeding sector in both provinces continued to reduce weights, contributing to an oversupply situation in the market, which pressured prices downward [1][1]. - In August, the outflow plans from 16 sample breeding enterprises in Hunan increased by 9.74% month-on-month, while 12 sample enterprises in Jiangxi saw a 3.83% increase [1][1]. Future Outlook - Towards the end of August, there may be a rebound in pig prices due to increased demand from schools preparing for the new academic year, which typically leads to higher procurement volumes [1][1]. - Despite the ongoing supply pressure, the current low price levels suggest that the extent of price declines may be limited, with potential support from seasonal demand factors [1][1].