Xinfadi: The supply of pork has been stable recently, and the price will continue...

On July 26, a reporter from the Beijing News learned from Xinfadi that in the past week, the overall price of pigs has remained stable and less moving, but the price of white striped pigs has risen and fluctuated greatly

Xinfadi also stated that overall, pork prices have been declining slowly compared to this spring.

The price of white striped pigs has risen in the past week

According to the weekly market dynamics of Xinfadi (2021.

In terms of prices, on July 23, the average wholesale price of white striped pigs in Xinfadi Market was 19.

Regarding the decline in the supply of white striped pigs and the increase in prices, Liu Tong from the Market Statistics Department of Xinfadi told the Beijing News reporter, “The reason for the slight decrease in the supply of white striped pigs on a week-on-week basis is that there was one slaughterhouse in the middle of the week for two consecutive years.

Despite slight fluctuations, overall, Xinfadi's pork supply is still in a stable state

Pork prices will continue to slow down

Since the spring of this year, pork prices have continued to decline as a whole, but there have been slight fluctuations since July

Regarding the reasons for the fluctuations in pig prices, Tong Wei, the head of the publicity department of Xinfadi, said that since most of the pigs on the farms have been slaughtered in the past two months, the new batch of hogs has not yet been released for slaughter, and the market supply is relatively reduced.

Some meat merchants in the Xinfadi market also believe that although the price of meat fluctuated greatly in the last week, there is no shortage of pigs recently, which makes the rebound of meat prices insufficient.