TREE NEWS reports: China’s live hog prices edged higher in early October after hitting a near three-month low on Sept. 30, with the external three-way crossbreed quoted at 10.3 yuan/kg and the internal three-way crossbreed at 10.63 yuan/kg as of Oct. 8, up about 0.24% and 0.2% from before the National Day holiday. Yin Weihua, a researcher at the State Information Center’s Economic Forecast Department, attributed the rebound mainly to shifts in the pace of supply-side marketings, with holiday demand only a secondary support.
China’s Live Hog Prices Rebound 0.2% After Three-Month Low
AI take
The rebound is marginal, and the researcher's framing is the real signal: supply-side marketing pace, not demand, is doing the work. That points to a hog cycle still working through oversupply rather than a demand-led recovery, which matters for anyone tracking Chinese protein prices as a demand proxy for broader consumption. Whether holiday demand leaves any lasting support, or the market simply resumes its slide once the holiday effect fades, is the open question.
Generated by AI for reference only.
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