Pork prices rebound in Shanghai and climb goes up 10% - pharmaceutical industry - 3D/4D Driving Flig

Pork prices rebound in Shanghai and climb goes up 10% - pharmaceutical industry - 3D/4D Driving Flig

Wei Jianzhong that this year in September to October period, the pork price fall, a number of retail investors to close due to hog slaughter has decreased, and this is the main reason for the price of pork increases. Also near the Spring Festival, consumers and enterprises began to reserve pork demand Shanghai five consecutive days the price of pork rose 10% rate of increase, Hubei pork prices up 2 to 3 cents per catty, Sichuan were also higher in price. The industry believes that pork prices stopped falling just short-term rebound phenomenon, pork and long-term price trend remains bearish. Shanghai Agricultural Products Center Wholesale Market data show that the wholesale average price of pig carcass has been gradually raised from October, more than 10%, rising for five days recently, risen from the 14.81 yuan per kilogram, 15.5 yuan per kg. Hubei Provincial Cereals, Oils and Foodstuffs Import & Export (Group) General Manager Wei Jianzhong Dragon King Animal Description: "catty Hubei slaughter hog prices recently rose 2 to 3 cents, and now pork catty 6.2 ~ 6.3 yuan, the lowest price by the end of September, when 5.6 ~ 5.8 yuan per catty, a pig can now expect to make 50 to 60 yuan. "Sun Daily, a call center staff told" First Financial Daily ", the price of pork has changed from two weeks ago catty 8 ~ 9 per last transferred to the current 11 to 12 yuan, pork prices from 6.0 to 6.5 yuan per catty up to 6.8 ~ 7.2 yuan. Wei Jianzhong that this year in September to October period, the pork price fall, a number of retail investors to close due to hog slaughter has decreased, and this is the main reason for the price of pork increases. Also near the Spring Festival, consumers and enterprises began to reserve pork demand. Zhongshan Foodstuffs Import & Export Co., Ltd. 100 stone pig head of the farm Yu Liming had told reporters that the highest compared with the price, and now the price of pork dropped by 30%. As the price of pork plummeted, retail have exit. Wei Jianzhong said that by the end of September, some individual investors can not afford a loss due, to sell sows clearance, resulting in the slaughter reduced. Shanghai Agricultural Products Center Wholesale Market, a responsible person that the Spring Festival approaching, hotel, hotels, enterprises and individual consumers to buy pork for the increased demand for reserves, which mainly came from Shanghai pigs need Henan, Shandong, Zhejiang province pig production, in addition to Shanghai, other regions also increased pig production province in the acquisition amount to the purchase price corresponding rise. In addition, he raised that domestic oil prices to increase in transportation costs and food prices are up because the price of pork. He said that according to current prices, each pig can earn 200 yuan, and bring the price peaked at more than 500 yuan per pig profit has not in the same category. Industry believes that the price of pork in the "warming" is a short-term phenomenon, a great long-term downward pressure on prices. Wei Jianzhong said that the two countries strongly support live pig production, introduced a number of preferential policies, affected a large number of social capital into the pig, pig breeding stock remains high. He believes that unless the snow and ice storms earlier this year to make a large number of pigs dying of cold frostbite, serious disruption to traffic and transport situation from happening again, or after the Spring Festival will continue to decline in pork prices. Another industry estimate that 3 to April 2009, the wholesale price of pig carcass down to 13 yuan per kg or even less. According to the figures at his disposal, pig slaughter rates are high, a lot of supply will inevitably drive down prices. China Animal Husbandry Association, Qiao Yufeng, vice president, said earlier in 2009, pig production will face greater market risks and challenges, due to the rapid development of production

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