生猪：现货情绪回落，等待印证

Report Summary 1. Report Industry Investment Rating - There is no information about the industry investment rating in the provided content. 2. Core View of the Report - The report focuses on the current situation of the pig market, indicating that the sentiment in the spot market has declined, and it is waiting for further confirmation. [1] 3. Summary by Relevant Catalogs Fundamental Tracking - Price Data: The Henan spot price of pigs is 12,630 yuan/ton, with a year - on - year increase of 150 yuan/ton; the Sichuan spot price is 12,300 yuan/ton, up 400 yuan/ton year - on - year; the Guangdong spot price is 12,360 yuan/ton, up 300 yuan/ton year - on - year. For futures, the prices of生猪2511, 生猪2601, and 生猪2603 are 12,095 yuan/ton (up 30 yuan/ton year - on - year), 12,160 yuan/ton (down 170 yuan/ton year - on - year), and 11,620 yuan/ton (down 105 yuan/ton year - on - year) respectively. [1] - Trading Volume and Open Interest: The trading volumes of生猪2511, 生猪2601, and 生猪2603 are 7,774 hands (down 6,069 hands from the previous day), 86,704 hands (down 5,581 hands from the previous day), and 20,944 hands (down 5,480 hands from the previous day) respectively. The open interests are 8,068 hands (down 2,667 hands from the previous day), 117,248 hands (up 7,747 hands from the previous day), and 92,827 hands (up 4,056 hands from the previous day) respectively. [1] - Spread Data: The basis of生猪2511, 生猪2601, and 生猪2603 are 535 yuan/ton (up 120 yuan/ton year - on - year), 470 yuan/ton (up 320 yuan/ton year - on - year), and 1,010 yuan/ton (up 255 yuan/ton year - on - year) respectively. The 生猪11 - 1 spread is - 65 yuan/ton (up 200 yuan/ton year - on - year), and the 生猪1 - 3 spread is 540 yuan/ton (down 65 yuan/ton year - on - year). [1] Market Information - Trend Intensity: The trend intensity is 0, indicating a neutral view. The trend intensity ranges from - 2 (most bearish) to 2 (most bullish). [2] Futures Research - New Delivery Warehouses: Yuexiu and Yangxiang have added new delivery warehouses. [3] - Feed Production: In September, the national feed production of the Feed Industry Association was 30.36 million tons, with a month - on - month increase of 3.4% and a year - on - year increase of 5%. [3]