Raw pork has been rising because of the epidemic situation, and raw pork futures have also been introduced, which provides inspection and hedging tools for related industries, and at the same time, it can balance pork prices as much as possible, restrain the skyrocketing and plunging to a certain extent, and provide the stability of pork supply.
However, while accepting new financial products, we should always guard against risks. Live pigs are the most valuable agricultural and sideline products in China so far, and live pig futures will become the 1 live delivery variety listed in China futures market. Everyone can't live without eating this item, and raw pork is the biggest demand point. Therefore, pig futures is a very good decision.
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The pig industry chain is also used in pig breeding business, feed processing, vaccines, veterinary drugs, slaughter food processing logistics and retail industries. The pig futures chain is very long, and at the same time it has a great influence, and the price has a great influence on the pig cycle. Among the characteristics of China pig industry, only futures can make the development of China futures market serve the real economy.
Pig, give full play to the function of futures, improve the price formation mechanism, promote the anti-risk ability of market players and the strength of pigs, and play a huge role in promoting industrial development. Although pig futures are not favored by others, they are mainly due to poor standardization, no national standards, standardized production and low scale, mainly in some rural retail agriculture. It can also play a very good role in the good operation of the market.