Investment Rating - The industry investment rating is "Overweight" indicating that the industry is expected to outperform the overall market [5][6]. Core Insights - The report highlights a significant rebound in pig prices due to the re-entry of the second batch of fattening pigs and a rise in consumer sentiment as the year-end approaches. However, it notes that this price increase may not be sustainable in the coming quarters due to an oversupply situation [5][6]. - The report emphasizes the need to focus on the ongoing capacity reduction in the pig farming sector and suggests left-side investment opportunities in this area. It also mentions a potential valuation shift in the pet sector as it undergoes adjustments [5][6]. - The report provides specific recommendations for companies to watch, including Muyuan Foods, Wens Foodstuff, Dekang Agriculture, Tiankang Biological, Noposion, Guai Bao Pet, Zhongchong Pet, and Petty [5][6]. Summary by Sections Agricultural Stock Market Performance - The Shenwan Agricultural, Forestry, Animal Husbandry, and Fishery Index rose by 0.3%, while the CSI 300 Index increased by 1.9%. The top five gainers included Shennong Technology (35.7%), Guotou Zhonglu (20.8%), and Jinliang Holdings (19.9%) [5][6]. Pig Farming - The average selling price of external three yuan pigs was 12.21 yuan/kg, with a week-on-week increase of 7.0%. The report indicates that the current price increase is driven by several factors, including the re-entry of fattening pigs and a decrease in available pig sources [5][6]. - The report forecasts that pig prices will continue to fluctuate at the bottom level, with a focus on the progress of capacity reduction in the industry [5][6]. Pet Sector - The report mentions the seventh Pet New National Goods Conference held in Wuhan, projecting the annual market size of China's pet industry to be between 154.5 billion and 160 billion yuan. It highlights the rapid growth in the pet market and the emergence of new customer segments [5][6]. - Ruipai Pet Hospital has submitted an application for listing on the Hong Kong Stock Exchange, indicating a positive outlook for the pet medical service sector [5][6]. Poultry Farming - The average selling price of white feather broiler chicks was 3.37 yuan/chick, with a week-on-week decrease of 0.6%. The report notes that the supply of white feather broilers remains abundant, which is expected to be a theme for 2025-2026 [5][6].

Investment Rating - The report maintains an "Outperform" rating for the agricultural products sector [1][4]. Core Insights - The report highlights a potential upward trend in the beef and dairy sectors, driven by a reversal in the agricultural cycle, with domestic and international beef and dairy markets expected to resonate positively [3]. - The pig farming sector is anticipated to benefit from capacity control measures, leading to improved cash flow for leading enterprises, which may transform them into dividend stocks amidst industry-wide capacity reduction [3]. - Poultry supply fluctuations are expected to be limited, with demand recovery likely to enhance the performance of leading companies, which can achieve higher cash flow returns due to their excess yield advantages [3]. - The feed sector is projected to deepen industrialization, with leading companies leveraging technological and service advantages to widen their competitive edge [3]. - The pet industry is identified as a growing sector benefiting from demographic trends [3]. Summary by Sections 1. Weekly Overview and Data Summary - The report provides a weekly summary of agricultural product fundamentals, indicating a slight decrease in pig prices and a stable outlook for beef prices [12][13]. 2. Fundamental Tracking 2.1 Swine - The average price of live pigs on December 26 was 11.52 CNY/kg, down 0.43% week-on-week and down 26.48% year-on-year [13]. - The price of 7kg piglets was approximately 217.38 CNY/head, down 0.54% week-on-week and down 40.87% year-on-year [13]. 2.2 White Chicken - The price of chicken seedlings was 3.34 CNY/bird, down 0.89% week-on-week, while the price of broilers was 7.78 CNY/kg, up 6.87% week-on-week [13][14]. 2.3 Yellow Chicken - Prices for various types of yellow chicken remained stable, with slight fluctuations observed [14]. 2.4 Eggs - The main production area price for eggs was 2.92 CNY/jin, down 4.89% week-on-week and down 17.75% year-on-year, indicating significant supply pressure [14]. 2.5 Beef - The price of fattened bulls was 25.20 CNY/kg, stable week-on-week, and the beef market price was 60.91 CNY/kg, down 0.21% week-on-week but up 20.02% year-on-year [2][14]. 2.6 Raw Milk - The average price of raw milk was 3.03 CNY/kg, up 0.33% week-on-week, with expectations for accelerated dairy cow liquidation in Q4 [2][14]. 2.7 Soybean Meal - The domestic soybean price was 4015 CNY/ton, stable week-on-week, while soybean meal was priced at 3134 CNY/ton, up 0.51% week-on-week [2][14]. 2.8 Corn - The domestic corn price was 2300 CNY/ton, down 0.04% week-on-week but up 10.42% year-on-year, indicating a tightening supply-demand balance [2][14]. 2.9 Rubber - Short-term prices are expected to stabilize, with a positive outlook for the medium term [2]. 2.10 Sugar - Short-term imports are increasing, with attention on import rhythms and fluctuations in crude oil prices [2]. 2.11 Palm Oil - Short-term supply is weak while demand remains strong, with medium-term policy support expected [2]. 2.12 Cotton - Inventory pressure is neutral, with demand still needing recovery [2]. 2.13 Red Dates - The new season is expected to maintain high production, with attention on seasonal consumption support [2]. 3. Market Trends - The report includes a weekly performance summary of agricultural stocks, indicating fluctuations in various sectors [12].

Investment Rating - The industry investment rating is "Positive" (maintained) [2] Core Views - The supply of fat pigs is tight, leading to an upward trend in pig prices before the New Year, supported by both supply and demand factors [4][14] - The export value of pet food has improved month-on-month, benefiting from increased export volumes, although the unit price remains under pressure [5][21] - The pig farming sector is experiencing accelerated losses, while the pet food sector is seeing a rise in domestic brands due to consumption upgrades and tariff barriers [6][23][25] Summary by Sections Weekly Observation - The average price of live pigs in China as of December 28, 2025, is 12.21 CNY/kg, with a week-on-week increase of 0.78 CNY/kg and a year-on-year decrease of 3.49 CNY/kg [4][14] - The average weight of pigs sold is 129.70 kg, with a slight decrease from the previous week [14] Weekly Market Performance (Dec 22-26) - The agricultural index underperformed the market by 1.63 percentage points, with the Shanghai Composite Index rising by 1.88% and the agricultural index by 0.25% [26][30] Price Tracking (Dec 22-26) - The average price of live pigs is 11.63 CNY/kg, with a week-on-week increase of 0.05 CNY/kg [37] - The average price of broiler chickens is 7.82 CNY/kg, with a week-on-week increase of 6.39% [37] Key Recommendations - Recommended stocks in the pig farming sector include Muyuan Foods, Wens Foodstuff, and Juxing Agriculture [6][23] - In the feed sector, recommended stocks include Haida Group and New Hope Liuhe [6][23] - For the pet food sector, recommended stocks include Guibao Pet, Zhongchong Co., and Petty [6][25]

Investment Rating - The report maintains a "Positive" investment rating for the agriculture industry [5] Core Views - The report highlights a structural shortage in the pig industry, with pessimistic expectations likely to be corrected [2] - The report emphasizes the acceleration of capacity reduction in the pig farming sector, driven by recent policies and market conditions, which is expected to enhance long-term performance in the sector [3] Summary by Sections Investment Recommendations and Targets - The report recommends a positive outlook on the pig farming sector, suggesting that recent policies and market dynamics will drive capacity reduction, benefiting long-term performance. Key stocks include Muyuan Foods (002714, Buy), Wens Foodstuff Group (300498, Buy), and Shennong Group (605296, Not Rated) [3] - For the post-cycle sector, the report notes a continuing structural growth trend, with potential profit transmission down the supply chain if the current capacity reduction in pig farming proceeds smoothly. Relevant stocks include Haida Group (002311, Buy) and Reap Bio (300119, Not Rated) [3] - In the planting chain, the report indicates a confirmed upward trend in grain prices, with favorable fundamentals for planting and seed industries, highlighting significant investment opportunities. Related stocks include Suqian Agricultural Development (601952, Not Rated), Beidahuang (600598, Not Rated), Hainan Rubber (601118, Not Rated), and Longping High-Tech (000998, Not Rated) [3] - The pet sector is noted for being in a phase of growth and price increases, with continuous expansion in overseas markets and rising domestic brand recognition. Key stocks include Guibao Pet (301498, Not Rated), Zhongchong Co. (002891, Not Rated), and Petty Holdings (300673, Not Rated) [3] Industry Fundamentals - The report discusses the acceleration of capacity reduction in the pig industry, with the average price of live pigs as of December 26 at 11.63 CNY/kg, reflecting a week-on-week increase of 0.43% [13] - The report notes that the supply side is experiencing structural shortages, leading to price increases for medium and large pigs, with expectations of increased sales activity from smallholders as the New Year approaches [13] - The report also covers the white feather broiler chicken market, indicating a return to low volatility with prices rising to 7.82 CNY/kg, a week-on-week increase of 6.39% [19] - The report highlights the feed sector, noting that raw material prices are stabilizing at the bottom, with corn prices at 2338.63 CNY/ton, down 0.43% week-on-week, and soybean meal prices at 3174.86 CNY/ton, up 1.20% [29]

Core Points - The article discusses the public bidding process for the selection of vaccine and pharmaceutical suppliers for Hunan New Wufeng Co., Ltd. for the year 2026, highlighting various amendments to the original tender documents [1][50]. Group 1: Amendments to Pricing and Specifications - The maximum price for the progestin granules/tablets was corrected from 0.09 yuan/piece to 0.9 yuan/piece, and the unit for Gorin injection was changed to mL [2][51]. - The specification for Carboprost injection was amended from 0.7 mg per 10 mL to 0.35 mg per 10 mL [3][53]. - The unit for the 12.5% high-efficiency fluoro-cyano-pyrethroid suspension was changed from L to mL [5][55]. - The maximum bid price for 4.0g of Cefotaxime sodium injection was revised from 1.8 yuan/piece to 7.2 yuan/piece [6][56]. - The maximum price for 5% bromocyanide solution was corrected from 0.05 yuan/L to 340 yuan/L [8][58]. - The maximum bid price for 0.5% Abamectin transdermal solution was set at 0.05 yuan/mL [10][60]. - The maximum price for 20% compound sulfanilamide soluble powder was changed from 115 yuan/kg to 170 yuan/kg [12][61]. - The maximum price for 10% Cefotaxime crystal injection was canceled [14][65]. - The maximum price for Aminopyrine injection was revised from 0.6 yuan/mL to 0.06 yuan/mL [13][67]. - The maximum price for 20% oxytetracycline injection was corrected from 0.76 yuan/mL to 0.076 yuan/mL [15][69]. - The maximum price for 20% florfenicol injection was changed from 0.9 yuan/mL to 0.09 yuan/mL [17][71]. - The maximum price for 10% Tilmicosin solution was revised from 80 yuan/mL to 0.08 yuan/mL [19][72]. - The maximum price for 40% dichloroisocyanuric acid and its auxiliary agent was set at 0.0315 yuan/gram [20][73]. Group 2: Technical Requirements and Evaluation Criteria - The core strains for the liquid fermentation feed bacteria must include lactic acid bacteria, bacillus, and yeast, ensuring no prohibited strains are present [21][75]. - The total viable count of probiotics must be ≥ 10 billion CFU/g, with a survival rate of ≥ 80% under specified storage conditions [23][87]. - The fermentation cycle must achieve a pH below 4.0 within 48 hours at 25-37°C, producing a strong sour aroma [25][89]. - The fermentation product should be rich in beneficial substances such as probiotics, lactic acid, small peptides, and organic acids [26][90]. - The successful fermentation must have a shelf life of ≥ 5 days under sealed conditions [27][91]. - The product must not contain pathogenic bacteria and must comply with national feed additive safety standards [29][91]. - The packaging must be airtight, light-proof, and corrosion-resistant [30][92]. - Technical services must include detailed usage plans, technical training, and effect tracking after winning the bid [31][93]. Group 3: Bidding Timeline and Submission Details - The deadline for electronic bid submissions for various sections is set for January 7, 8, and 9, 2026, respectively [44][96][98]. - The project guarantees the lowest price in Hunan Province, and bid prices will not be disclosed to protect the commercial secrets of bidders [49][100].

Investment Rating - The report maintains an "Overweight" rating for the agriculture, forestry, animal husbandry, and fishery industry [1][42] Core Views - The SW agriculture, forestry, animal husbandry, and fishery industry slightly underperformed the CSI 300 index, with an increase of 1.55% from December 12 to December 25, 2025, lagging behind the index by approximately 0.43 percentage points [11][14] - All sub-sectors recorded positive returns during the same period, with notable increases in agricultural product processing (3.04%), animal health (2.95%), planting (2.28%), fishery (1.56%), breeding (0.81%), and feed (0.29%) [14][15] - The overall price-to-book (PB) ratio for the industry is approximately 2.79 times, indicating a slight recovery in valuation, which remains at a historical low level, around the 62.7 percentile since 2006 [18][24] Industry Important Data - **Pig Farming**: The average price of external three-way cross pigs increased from 11.45 CNY/kg to 11.59 CNY/kg during the reporting period. The cost of corn and soybean meal has slightly decreased, with corn priced at 2338.04 CNY/ton and soybean meal at 3102 CNY/ton as of December 25, 2025 [22][24] - **Profitability**: As of December 26, 2025, the profit for self-bred pigs was -130.11 CNY/head, and for purchased piglets, it was -162.8 CNY/head, showing a reduction in losses compared to the previous two weeks [27] - **Poultry Farming**: The average price of broiler chicks was 3.59 CNY/chick, showing a slight increase, while the average price for white feather broilers was 7.82 CNY/kg, with profitability improving to 0.89 CNY/chick [29][33] Industry Insights - The report emphasizes the potential for a rebound in pig prices as the seasonal consumption peak approaches, with a focus on the high inventory of breeding sows and the opportunities for leading pig farming companies [42][43] - In poultry farming, the report highlights the recovery in white feather broiler prices and the improvement in profitability, suggesting a positive outlook for leading poultry companies [42][43] - The report also notes growth potential in the domestic pet market and the expected increase in export volumes, recommending attention to promising domestic leaders in this sector [42][43]

Investment Rating - The report maintains an investment rating of "Outperform" for the agriculture, forestry, animal husbandry, and fishery industry [1]. Core Insights - The livestock prices have stabilized after a decline, and the export volume of pet food has shown year-on-year growth [1]. - The industry is currently trading at a price-to-earnings (P/E) ratio and price-to-book (P/B) ratio below historical averages, indicating potential for valuation recovery [7]. Summary by Sections Market Review - In November 2025, the agriculture, forestry, animal husbandry, and fishery index increased by 1.15%, outperforming the CSI 300 index, which fell by 2.46%, resulting in a relative outperformance of 3.61 percentage points [7][10]. - The sub-industry performance showed that the forestry processing sector had the highest gains, while the pet food sector experienced declines [10]. Livestock Industry Data Tracking - **Swine Farming**: In November 2025, the average price of external three-yuan pigs was 11.59 yuan/kg, a month-on-month increase of 0.61%, but a year-on-year decrease of 30.13% [19]. - **Broiler Chickens**: The average price of white feather broiler chickens was 3.48 yuan/jin, with a month-on-month increase of 2.65% and a year-on-year decrease of 7.69% [26]. Pet Food - In November 2025, China's pet food export volume reached 33,400 tons, a year-on-year increase of 11.23%, while the export value was 11.8 million USD, a year-on-year decrease of 3.59% [34]. Investment Recommendations - The report suggests focusing on companies such as Muyuan Foods (牧原股份), Pulaike (普莱柯), and Guobao Pet (乖宝宠物), all rated as "Buy" [1].

1. Report Industry Investment Rating - No information provided regarding the industry investment rating. 2. Core Viewpoints - In the short - term, the supply pressure of live pigs is alleviated as the large - scale farms' slaughter progress is normal in the second half of the month, the slaughter pressure at the end of the month decreases, the supply of fat pigs is low, and some second - fattening farmers' willingness to enter the market increases. On the demand side, the activities of curing bacon and making sausage are increasing, and there is stocking demand before the New Year's Day, so the terminal consumption is good, which supports the price. Overall, the supply - demand pattern improves in the short - term, boosting the short - term strong - side oscillation of live pig prices. In the medium - term, the supply pressure still exists, and as the price rises further, the acceptance of the demand terminal will decline, and the attitude of second - fattening farmers will become more cautious, so the medium - term upward space is expected to be limited [6]. 3. Summary by Relevant Catalogs 3.1 Week - to - Week Summary - The live pig price rebounded, and the main contract 2603 rose 2.83% weekly [6][10]. - In the near term, the supply - demand situation improves, but in the medium - term, the upward space is limited [6]. 3.2 Futures Market - The futures price rebounded this week, with the main contract 2603 rising 2.83% weekly [10]. - As of December 26th, the net short position of the top 20 holders of live pig futures increased by 5323 hands to 51717 hands, and the number of futures warrants was 863, an increase of 40 from the previous week [16]. - The spread between lh2603 and lh2605 contracts was - 445, and the spread between lh2603 and lh2607 contracts was - 1120 [21]. 3.3 Spot Market - This week, the basis of the live pig 1 - month contract was 500 yuan/ton, and the basis of the 3 - month contract was 155 yuan/ton [26]. - The national average price of live pigs was 11.62 yuan/kg, a decrease of 0.01 yuan/kg from the previous week, and the average price of 15 - kg weaned piglets was 23.38 yuan/kg, unchanged from the previous week [36]. - As of the week of December 18th, the national average pork price was 22.53 yuan/kg, a decrease of 0.06 yuan/kg from the previous week, and the average price of binary sows was 32.46 yuan/kg, unchanged from the previous week [40]. - As of the week of December 10th, the pig - grain ratio was 5.18, a decrease of 0.03 from the previous week [44]. 3.4 Upstream Situation - In October 2025, the number of reproductive sows was 39.9 million, a month - on - month decrease of 1.12% and a year - on - year decrease of 2.038%, falling below 40 million for the first time since June 2024. In November, according to Mysteel data, the number of reproductive sows in large - scale farms decreased by 0.37% month - on - month and increased by 0.07% year - on - year, and in small and medium - sized farms decreased by 0.78% month - on - month and increased by 0.78% year - on - year [49]. - At the end of the third quarter of 2025, the number of live pigs was 436.8 million, a month - on - month increase of 2.9% and a year - on - year increase of 2.3%. In November, according to Mysteel data, the number of commercial pigs in large - scale farms increased by 0.32% month - on - month and 5.28% year - on - year, and in small and medium - sized farms decreased by 0.07% month - on - month and increased by 6.94% year - on - year [53]. - In November, according to Mysteel data, the number of commercial pigs slaughtered in large - scale farms was 11.3649 million, a month - on - month decrease of 0.65% and a year - on - year increase of 5.59%, and in small and medium - sized farms was 0.5151 million, a month - on - month decrease of 2.03% and a year - on - year increase of 29.75%. The average slaughter weight of live pigs was 123.55 kg, a decrease of 0.12 kg from the previous week [58]. 3.5 Industry Situation - As of December 26th, the loss of purchasing piglets for breeding was 162.8 yuan/head, a reduction of 26.7 yuan/head, and the loss of self - breeding and self - raising was 130.11 yuan/head, a reduction of 0.76 yuan/head. The profit of laying hens was - 0.47 yuan/head, a week - on - week decrease of 0.11 yuan/head, and the profit of 817 broilers was 0.01 yuan/head, a week - on - week decrease of 0.03 yuan/head [63]. - From January to November 2025, the cumulative pork imports were 920,000 tons, with an average of 83,600 tons per month. In November, the pork import volume was 60,000 tons, a year - on - year decrease of 33.33% [64][68]. - As of the week of December 26th, the price of白条鸡 was 14.1 yuan/kg, unchanged from the previous week. As of the week of December 25th, the average price difference between standard and fat pigs was - 0.61 yuan/kg, an increase of 0.13 yuan/kg from the previous week [73]. - As of December 26th, the spot price of soybean meal was 3174.86 yuan/ton, an increase of 37.72 yuan/ton from the previous week, and the price of corn was 2338.63 yuan/ton, a decrease of 10 yuan/ton from the previous week [78]. - As of December 26th, the closing price of the Dalian Commodity Exchange's pig feed cost index was 894.54, and the price of finishing pig feed was 3.33 yuan/kg, unchanged from the previous week [81]. - In November 2025, the monthly feed output was 29.77 million tons, a month - on - month increase of 209,000 tons, and the sales of piglet feed increased by 0.42% month - on - month and 53.28% year - on - year [85]. - As of November 2025, China's CPI increased by 0.7% year - on - year [89]. 3.6 Downstream Situation - In the 52nd week, the slaughtering enterprise's operating rate was 40.24%, an increase of 0.37 percentage points from the previous week and 1.16 percentage points from the same period last year. The fresh - meat sales rate of key slaughtering enterprises was 87.42%, a decrease of 0.44% from the previous week, and the frozen - product storage rate was 18.20%, an increase of 0.01% from the previous week [92]. - As of October 2025, the slaughter volume of designated live - pig slaughtering enterprises was 38.34 million, a month - on - month increase of 6.98% and 33.31%. In November 2025, the national catering revenue was 605.7 billion yuan, a year - on - year increase of 3.2% [97]. 3.7 Live Pig Stocks - The report shows the trend charts of Muyuan Co., Ltd. and Wens Co., Ltd. but does not give specific analysis [98][100].

Economic News - The Ministry of Ecology and Environment proposed to strengthen cybersecurity and information technology infrastructure, integrating big data, AI, and blockchain with ecological governance [1] - The Fengtai District of Beijing has registered a government industrial investment fund matrix with an initial scale of no less than 10 billion yuan, expected to launch in 2026 [1] - Hainan Province reported over 400 million yuan in "zero tariff" imports during the first week of its customs closure, indicating ongoing policy benefits and enhanced industrial momentum [1] - The National Development and Reform Commission emphasized industry management, focusing on reducing crude steel output while promoting technological innovation in key industries [1] - The National Venture Capital Guidance Fund has officially launched, with a target scale of 50 billion yuan for the Beijing-Tianjin-Hebei region fund [1] - Japan's government approved a record budget of approximately 122.3092 trillion yen for the fiscal year 2026 [1] - As of the end of November, China's total installed power generation capacity reached 3.79 billion kilowatts, a year-on-year increase of 17.1% [1] - The photovoltaic industry association confirmed the establishment of a polysilicon capacity integration acquisition platform to address intense competition in the sector [1] - The State-owned Assets Supervision and Administration Commission initiated pilot projects for data resource development among state-owned enterprises [1] - A new national standard for electric vehicle energy consumption will be implemented starting January 1, 2026, marking a global first [1] Company News - Landun Optoelectronics holds a 4.9533% stake in Shanghai Xingsi Semiconductor through its wholly-owned subsidiary, focusing on 5G and satellite communication applications [2] - Defang Nano plans annual equipment maintenance from December 26, 2025 [2] - Zhongwei Co. signed a strategic cooperation framework agreement with Xinwanda Power Technology to develop solid-state battery materials [4] - Jinlongyu intends to establish an industrial merger and acquisition fund with a subscribed scale of 1.5 billion yuan [4] - Del's shares are advancing the construction of a solid-state battery pilot line, expected to be completed in the first half of 2026 [4] Industry Research - The Ministry of Commerce announced anti-dumping duties on EU pork imports, effective December 17, 2025, with rates ranging from 4.9% to 19.8% [5] - EU pork imports accounted for 51% of China's total pork imports, but only 2.03% of total consumption, indicating a limited impact on the overall market [6] - The anti-dumping duties are expected to reduce EU pork imports, leading to a diversification of import sources for China [6] - The domestic pork market remains under pressure, with a breeding sow inventory of 39.9 million heads, indicating a continued oversupply [7] - The anti-dumping measures are anticipated to improve the domestic supply-demand balance in the short term, with a focus on enhancing breeding efficiency and reducing costs [7] - The dairy industry is facing challenges due to low domestic milk prices, with a need to accelerate the development of deep processing of dairy products [12] - The temporary anti-subsidy measures on EU dairy products are expected to benefit domestic companies engaged in high-value-added processing [12]

2025 年 12 月 26 日 商 品 研 究 | | 生猪：矛盾继续积累 | | | --- | --- | --- | | 周小球 | 投资咨询从业资格号：Z0001891 | zhouxiaoqiu@gtht.com | | 吴昊 | 投资咨询从业资格号：Z0018592 | wuhao8@gtht.com | 【基本面跟踪】 生猪基本面数据 | | | 单 位 | 价 格 | | 同 比 | | | --- | --- | --- | --- | --- | --- | --- | | | 河南现货 | 元/吨 | 11830 | | 50 | | | 价 格 | 四川现货 | 元/吨 | 12100 | | 200 | | | | 广东现货 | 元/吨 | 11960 | | 0 | | | 期 货 | | 单 位 | 价 格 | | 比 同 | | | | 生猪2601 | 元/吨 | 11205 | | -95 | | | | 生猪2603 | 元/吨 | 11460 | | -20 | | | | 生猪2605 | 元/吨 | 11975 | | -10 | | | | | 单 位 | 成交 ...