Core Insights - The national spot price for live pigs on December 1 was reported at 11,650.00 CNY/ton, which is 155.0 CNY/ton higher than the futures main contract price of 11,495.00 CNY/ton [1] Price Overview - The price for external three-yuan pigs weighing 90-100 kg varied across different regions, with the highest price at 11.8 CNY/kg in Jinan, Shandong, and the lowest at 11.2 CNY/kg in Harbin, Heilongjiang [2] - The futures market closed on December 1 with the main contract at 11,495.00 CNY/ton, showing no change, with a daily trading volume of 49,893 contracts [2] Profitability Analysis - As of the week ending November 28, self-breeding pig farming reported a loss of 147.99 CNY per head, an increase in loss from the previous week's 135.90 CNY per head. The loss for purchased piglets was 248.82 CNY per head, up from 234.63 CNY the prior week [3] Market Trends - According to Donghai Futures research, there is a reduction in pig output at the end of the month, and with the low prices approaching the peak season for cured meat consumption, there is an increasing sentiment of reluctance to sell among suppliers. The market is expected to stabilize in the short term [4]
腌腊消费旺季即将到来 预计猪价或阶段性企稳
Jin Tou Wang·2025-12-01 08:59