Core Insights - The wholesale price of chilled pork in Ningbo is currently stable at 9.3 yuan per jin, a year-on-year decrease of 30.98%, with some pork products reaching the lowest price levels in nearly three years [1][2][6] - Daily sales volume of pork in the Ningbo market averages 1265.1 heads, reflecting an approximate 20% year-on-year increase [1][6] Price Trends - Since August, pork prices in Ningbo have been on a downward trend, reaching the lowest levels for the same period in three years [2] - Prices for specific pork cuts include 9 yuan per jin for front leg meat, 17 yuan for ribs, 17 yuan for tenderloin, and 12 yuan for belly meat, indicating a 10% decrease compared to the previous month [4][6] Market Dynamics - The decline in pork prices is attributed to an oversupply in the market, with increased slaughtering rates since July contributing to the price drop [6][9] - The seasonal nature of pork consumption, particularly during the summer months, has led to a temporary decrease in demand, but a potential increase in demand is expected as the autumn season approaches [6][11] Government Intervention - The National Development and Reform Commission plans to conduct central frozen pork reserve storage to stabilize the market amid falling prices [7][13] - The average pork-to-grain price ratio has dropped below 6:1, triggering a warning under the government's pork reserve adjustment mechanism [13]
近期全国猪肉价格回落,国家开展储备收储
Sou Hu Cai Jing·2025-08-22 08:23