沥青周报：价格支撑，多单择机进场-20250707

Report Summary 1. Investment Rating No investment rating for the industry is provided in the report. 2. Core View The average price of live pigs may move slightly higher. Supply from the breeding side may decrease as second - fattening farmers and individual farmers with large - weight pigs may hold back their pigs, and large - scale enterprises have little short - term pressure to sell. Demand may remain stable or slightly decline due to the high - temperature off - season and the impact of rising pork prices on sales. As supply decreases and demand stabilizes or slightly decreases, prices may continue to be strong, and long positions can be entered at an appropriate time [2][20]. 3. Summary by Section 2. Supply Situation Analysis - The breeding side may continue to reduce the supply. Second - fattening farmers and individual farmers with large - weight pigs may hold back their pigs due to strong price expectations. Large - scale enterprises had average sales volume in the first ten days of the month and have achieved their weight - reduction targets, so they have little short - term pressure to sell [2][20]. 3. Demand Situation Analysis - The high - temperature off - season continues, and the trading volume of large pigs is average. Although the enthusiasm of second - fattening farmers increases when prices fall, the rising prices of pork carcasses affect sales to some extent, so demand may remain stable or slightly decline [2][20]. 4. Cost - Profit Analysis The report mentions figures related to self - breeding and self - raising profit per pig and profit per pig from purchasing piglets, but no specific analysis of cost - profit is provided in the given text. 5. Market Outlook - Supply may decrease as the breeding side reduces output, and demand may remain stable or slightly decline. The average price may move slightly higher, and prices may continue to be strong [2][20].