Sino-Singapore Jingwei Client, June 16th, Huachu.com issued the "Notice on Matters Regarding the Placement of Bidding Transactions of Central Reserve Frozen Pork on June 18, 2020", and will release 10,000 bidding transactions on June 18 Tons of central reserve frozen pork.
Screenshot source: Huachu
The Sino-Singapore Jingwei client sorted out that the frozen pork in the central reserve traded on June 18 was the 21st delivery this year, and the cumulative delivery volume will reach 390,000 tons.
According to the latest monitoring data from the Ministry of Agriculture and Rural Affairs, as of 14:00 on the 15th, the average pork price in the national agricultural wholesale market was 41.22 yuan, up 1.5% from last Friday.
On the 16th, Meng Wei, a spokesman for the National Development and Reform Commission, said that according to monitoring by the National Development and Reform Commission, as of now, pork prices in 36 large and medium-sized cities, supermarkets, and bazaars have fallen by more than 20% from their highs in mid-February. The comprehensive average price of 15 kinds of vegetables dropped by more than 40% from the high point at the end of January. It should be said that the decline in pork and vegetable prices is still relatively obvious.
How does the pork price change in the next step? Meng Wei said that from the data point of view, regarding the price of pork, since last year, various regions and departments have taken active and effective measures to promote the resumption of production and expansion of live pigs. Recently, the National Development and Reform Commission also conducted a survey. Judging from the survey, the current trend of resuming live pigs is still relatively good. The scale expansion of large-scale breeding plants is relatively fast, and the scale and standardization of pig breeding and the level of biological safety protection have been significantly improved. The monitoring data of the relevant departments show that the number of capable sows and the number of live pigs has rebounded significantly from September and October last year. The number of newborn piglets has been increasing for many consecutive months, and it is expected that the supply of fattening pigs will tend to improve in the third quarter of this year. Overall judgment, pork prices are expected to maintain a steady decline in the second half of this year, and may fluctuate with seasonal and festive demand changes. (Sino-Singapore Jingwei APP)