The first daily limit of live pig futures! However, there was a callback for two consecutive days. The recent daily limit of pig futures is the first daily limit since the listing of pig futures. As of the afternoon closing of the domestic futures market, the main contract for live pigs was reported as 15285 yuan/ton, up by 7.98%. The daily limit of live pig futures shows that investors are optimistic about the future development of live pigs, but futures have adjusted back in the past two days after the daily limit. Investors seem to put a question mark on the future development of live pigs, wondering whether they overestimated the forward price of live pigs.
Pig prices rebounded strongly, but did not rise to the cost line. Let's take a look at the spot of live pigs. At present, the price of live pigs has rebounded strongly, and the quotations in some areas have exceeded the same period of last month. Some pig farmers are clamoring for piglets. What's the hurry? I believe everyone has an account in their hearts, and we also know clearly that the current increase has not reached the cost line of pigs, because the price of pigs has fallen miserably some time ago. Although the pig price is accelerating to the cost line, the supply and demand fundamentals of the pig market have not reversed, and the situation of oversupply still exists. Therefore, this wave of pig price rebound may not stop when. Is it to "fill the pit" now?
The above synthesis, whether futures or spot, is still unclear about the development of the pig market. Some insiders have analyzed that the potential of pig price increase is insufficient, and it may still be a short-term bottom shock. It is suggested that farmers should not make up piglets in a hurry. The first thing to do is to pay more attention to the market. At present, the price of pigs on the market is still unstable, and even there are different prices in the same area. Let's talk about the pigs in the pigsty first, after all.