Heavy Rains In The South Hit Oil Prices And The Prospects For Pigskin Industry Are Unknown.
This week, the national pig market maintained a steady trend, and the trend of price decline has not been significantly improved. The price of live pig in the southern area has a wide range of fluctuation, and the price fluctuation in the northern region is small and there is a tendency to keep going down. Since the beginning of this year, Guizhou, Hunan, Jiangxi, Guangxi, Guangdong, Zhejiang, Fujian and other provinces have all been threatened and affected by the heavy rain disaster. The damage to farmland and houses is more serious, and the enthusiasm of farmers has been greatly damaged. It is estimated that the heavy rain will cause a drop in the price of live pigs. The decline of live pig prices has a direct impact on the price fluctuation of pig skin in southern China. The recent rise in oil prices has led to an increase in production and pportation costs.
Last week, the pig market in most parts of the country maintained a steady trend before, but there was still a downward trend. The average prices in all regions were below 17 yuan / kg. The prices of live pigs in Guangxi and Fujian provinces are relatively high, reaching 16 yuan / kg, while prices in the northern region have dropped slightly, with an average price of about 15.20 yuan per kilogram. The average price of hog is about 15.19 yuan per kilogram this week, compared with the average price of 12.74 yuan / kg in the same period last year, the price increase is about 19%, and the price is approaching the level of the same period last year.
Market analysis:
The impact of continuous rain on pig prices
Since the summer, rainstorms and floods have hit many provinces in southern China. People's lives and property have suffered great losses in the affected areas, which has also affected the market situation of the pig market in the south. In addition, the high temperature in summer is a high incidence period of animal diseases. It is understood that hyperthermia still occurs in some parts of the south. Fujian Zhangzhou high fever rampant, farmers sell pigs, have a certain impact on the pig market. Some farmers because of the arrival of summer, pig disease is not good management, so concentrate a column of live pigs have a certain impact on prices.
Rising oil prices and increasing pportation costs
Since June 20th, the state has substantially increased the price of oil and electricity, and the production and pportation costs are expected to increase in the future. Therefore, the cost push is expected to form a strong support for the price of pork.
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