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Galaxy Securities: Pig prices may rebound somewhat this year; recommended to focus on leading pig farming companies.
Why Did the Drop in Pork Prices Below 11 Yuan Accelerate the Industry’s Capacity Clearance?
According to a report from China Galaxy Securities, after the Spring Festival, pork prices continued to decline, falling below 11 yuan/kg in early March. Against the backdrop of increasing losses, the industry’s capacity may accelerate its downward trend. Regarding the price trend of pork in 2026, the annual average price may exhibit a year-on-year decline, with the degree of impact from winter diseases varying, and there may be some rebound in pork prices within the year. It is recommended to actively focus on leading/sustainable companies in the industry that have strong cost control, a relatively healthy financial situation, and reasonable valuations.
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