The National Development and Reform Commission has again intervened to ensure the supply of pork in the market

On August 29, the National Development and Reform Commission issued a message saying that in order to ensure the supply of pork market during the holidays, it will work with relevant departments to release government pork reserves in batches since September, and guide local linkage to release reserves

In this regard, Liu Jinhao, a researcher of futures agricultural products, told the Securities Daily reporter that from June 2021 to April this year, the number of fertile sows announced by the National Bureau of Statistics has maintained a decline, which has caused a tight supply of pigs out of the market, resulting in the continuous rise

Specifically, since the National Development and Reform Commission made several shots in early July this year, although pig prices have fallen from the intra-year high of July 5 (23.

"The early release of the storage news will undoubtedly give a shot of stabilizer to the consumer side that rose before the holiday, and also cool

"In the later period, the overall pig price will still show a volatile upward trend, but it is expected that the increase will be limited

Wang Jun, a researcher at minmetals futures investment consulting department, also holds a similar view