Core Viewpoint - In July, the price of white strip pork in Henan experienced a downward trend due to increased supply and reduced demand from group meals, with expectations for a slight recovery in August as temperatures drop and consumption potentially rebounds [1][2][9]. Price Trends - The price of white strip pork in Kaifeng, Henan, was 18.30 yuan/kg as of July 24, down 1.20 yuan/kg (6.15%) from the beginning of the month [2]. - The average price for July was 19.04 yuan/kg, reflecting a month-on-month increase of 3.19% but a year-on-year decrease of 20.89% [2]. Supply Dynamics - The supply of white strip pork in Henan increased significantly, with sales reaching 22,584 heads by July 25, a 12.17% increase from the beginning of the month [2]. - The average temperature in Henan rose to 30.8°C in July, prompting farmers to accelerate the sale of pigs to avoid heat stress, contributing to increased supply [4]. Demand Factors - The demand for pork decreased due to seasonal factors, including the summer heat and reduced group meal requirements, leading to a notable drop in pork orders from slaughterhouses [6][7]. - The fresh sales rate of pork in Henan fell to 84.68% at the end of June, down 4.67 percentage points from the second quarter peak, indicating weakened demand [6]. Outlook for August - The supply pressure is expected to remain high in August, with a potential for price adjustments as temperatures decrease, which may improve consumption [9]. - The forecasted price range for white strip pork in Henan for August is between 17.3 and 18.5 yuan/kg, with expectations for slight upward movement from current levels [9].