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    Home > Active Ingredient News > Feed Industry News > Pork stocks net profit "big bang", the first August meat imports have exceeded the whole of last year, pig prices fell back.

    Pork stocks net profit "big bang", the first August meat imports have exceeded the whole of last year, pig prices fell back.

    • Last Update: 2020-09-26
    • Source: Internet
    • Author: User
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    In the first half of the pork stock "big bang", 7 enterprises net profit of more than 1 billion yuan according to incomplete statistics, in the 25 semi-annual reports mentioned in the pig industry A-share listed companies, New Hope, Shuanghui Development, Wenshi shares with 44.696 billion yuan, 36.373 billion yuan, 35.968 billion yuan to become the top revenue, Asia, the runner-up.
    in the first half of 2020, a total of 20 pork concept shares net profit of more than 100 million yuan, 7 companies net profit of more than 1 billion yuan, Mawhara shares with a profit of 10,784 million yuan, followed by a net profit of 4,153 million yuan of Wenshi shares and a net profit of 3,164 million yuan of new hope.
    noteworthy, a number of pig enterprises net profit growth rate "big bang."
    the first half of this year, the net profit of 15 companies more than doubled year-on-year, with the top three being Makhara (up 7026.08%), Dabei Nong (up 2556.2%) and Xin Wufeng (up 2384.61%).
    , pork concept stocks are also sought after in the capital markets.
    , the pork sector index rose 19.49 per cent for the year to June 30, according to The Oriental Wealth Data.
    By 2020, 550,000 tons of chinese feed industry information network has been put into reserve, according to the information statistics published by the China Storage Network, as of September 11, 2020, the state has put 550,000 tons of reserve meat, which has also played a role in the stability and decline of pig prices.
    China's meat imports in the first eight months of this year have far exceeded last year's total, according to the latest data from the General Administration of Customs, China's meat imports in August were 832,000 tons, down nearly 17% from July.
    , China imported 6.58 million tons of meat products in the first eight months of this year, exceeding last year's total imports.
    the past five years (2014-2019), China's total meat imports have increased from 2.792 million tons to 6.1782 million tons, an increase of 121.28 percent.
    out of the chinese market demand is optimistic, most exporting countries have also expressed support and corresponding to China's above-mentioned actions.
    the spread of the epidemic led to a number of overseas meat suppliers in the factory cases of infection, June 18 to date, China began to import food quality standards have more stringent requirements.
    With the active cooperation of many countries, the data show that as of September 7, China's relevant departments have suspended the export qualifications of 56 cold-chain food enterprises from 19 countries, of which 41 overseas suppliers voluntarily suspended exports to China after discovering an infection in their factories.
    the pork price inflection point coming? Data released by the National Bureau of Statistics showed cpi rose 2.4% in August from a year earlier, down 0.3 percentage points from the previous month.
    , pork prices contributed about 1.74 percentage points to the CPI increase, which is the most important factor affecting the CPI rise.
    , pork prices rose 52.6 per cent year-on-year, down 33.1 percentage points from the previous month, and 1.2 per cent month-on-month, down 9.1 percentage points.
    that pork prices, while still relatively high, are already narrowing.
    into August, many large-scale domestic aquaculture enterprises have also entered the production capacity release period, a large number of pigs will soon be out of the column.
    expects pork supply to return to normal as pig stock and production return year-on-year in September and October, and the momentum to support pork prices to remain high is no longer there, with pork price inflection points likely to occur between September and October.
    of course, from the point of view conducive to the long-term stable and healthy development of the market, we do not want to see pork prices usher in an "inflection point", and then open a round of "falling and falling" market.
    only if pork prices are stable at a reasonable level, farmers have a reasonable return on investment, and consumers can afford meat, can the whole aquaculture industry maintain healthy and stable development.
    For the follow-up trend of pig prices, august 31, at the NATIONAL Committee of the Chinese People's Political Consultative Conference held a briefing on key concerns, the National Development and Reform Commission Deputy Director Tang Dengjie pointed out that the current situation of prevention and control of swine fever epidemic in Africa is generally stable, with the recovery of pork consumption, especially in the Mid-Autumn Festival, National Day and other consumer season, the second half of the pig market price will remain at a high level.
    "but with the further resumption of pig production, pig prices will gradually return to a reasonable range."
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