Group 1 - The domestic futures market for agricultural products experienced a decline, with live pig futures trading at 11,725.00 yuan/ton, reflecting a drop of 1.92% [1] - In the spot market, live pig prices saw a significant increase over the weekend, with the national average price rising by 0.43 yuan/kg [2] - Supply pressure has eased, as the planned slaughter volume for key breeding enterprises in January is 14.15 million heads, a decrease of 2.96% compared to the actual slaughter volume in December 2025 [2] Group 2 - Demand for live pigs is currently in a peak season, with expectations of increased demand as preparations for the Spring Festival begin, despite a temporary lull post-New Year [2] - Frozen meat inventory is declining slightly, as slaughterhouses are actively depleting frozen products due to weak market expectations for the post-holiday period [2] - Short-term pig prices are primarily influenced by market sentiment, with positive profit margins for piglets and commodity pigs, although there are risks associated with increased slaughter pressure later in the month [2]
供给端压力有所缓解 生猪主力合约维持合理贴水
Jin Tou Wang·2026-01-19 06:05