Group 1 - The import beef market has shown a significant rebound, with mainstream product prices increasing by approximately 200 yuan per ton, indicating a strong recovery trend [1] - The wholesale beef market has also experienced a price increase of 2 yuan over the past 10 days, leading to intense competition among slaughterhouses due to rising demand and tight supply [2] - Regional price disparities are evident, with beef prices in Beijing and Tianjin ranging from 55 to 64 yuan per kilogram, while prices in Shanghai and Jiangsu reach 66 to 110 yuan per kilogram, reflecting varying consumer demand and economic conditions [2] Group 2 - The price of live cattle has reached 12 to 15 yuan per pound (24 to 30 yuan per kilogram) as of August 6, with farmers holding back on sales due to rising prices, further tightening supply [3] - The domestic beef supply gap is widening due to high feed costs, which have increased by 8% year-on-year, leading to reduced cattle farming and lower stock levels [4] - The Ministry of Commerce has initiated an investigation into import beef safeguard measures, raising market expectations of potential import restrictions, prompting traders to stockpile beef [5] Group 3 - The regional market shows significant price differences, with the East China region becoming the core area for price increases, while North China maintains a more stable price trend [6] - The upcoming festive season is expected to boost demand, with chain restaurants increasing high-end beef purchases, contributing to price increases in the high-end market [5] - The outlook for the beef market suggests a search for a new supply-demand balance, with short-term price adjustments expected but limited declines, supported by strong consumer demand [7]