价格周报｜本周猪价继续下探，机构称12月整体供应量级续增是大概率事件

Core Insights - The average wholesale price of pork in China has decreased to 17.83 yuan/kg as of November 28, down 0.4% from 17.91 yuan/kg on November 21 [1] - The average price of live pigs (external three yuan) has also declined to 11.28 yuan/kg, a 3.6% drop from 11.7 yuan/kg on November 21 [1] Price Trends - The average price of pork this week is 17.88 yuan/kg, down 0.3% from last week's average of 17.93 yuan/kg [1] - The weekly average price of live pigs is 11.48 yuan/kg, a decrease of 1.5% from the previous week's average of 11.66 yuan/kg [1] Market Dynamics - The average trading weight of live pigs has slightly decreased to 124.62 kg, down 0.1% week-on-week [3] - There is an increase in the supply of live pigs as farmers accelerate the outflow of heavier pigs, while slaughterhouses are increasing their procurement of pigs from smallholders [3] Supply and Demand Outlook - The supply of live pigs is expected to increase in December, with a potential for short-term price increases due to reduced outflow plans from some farming groups [5] - However, overall supply remains abundant, which may lead to downward pressure on prices despite a slight increase in slaughter volumes [5] Long-term Projections - The industry anticipates that the supply of live pigs will remain high in the first half of next year, with production performance improvements and stable epidemic conditions [4] - Price pressures are expected to continue into the off-season, with potential recovery in the second half of next year as production capacity decreases [4]