# SunSirs: Slow Start to Peak Season Demand Ahead of Spring Festival; Average Hog Prices Decline Week-on-Week

> Average wholesale pork prices in China were 18.61 CNY/kg on January 30, up 0.6% from two weeks earlier. Live hog prices, however, fell 3.2% on the day to 12.52 CNY/kg, and the weekly average fell 2.3% to 12.81 CNY/kg. Slaughterhouses cut purchases of heavier hogs as demand started slowly ahead of the Spring Festival.

- Date: 2026-02-02 · published 2026-02-02T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/20590-sunsirs-slow-start-to-peak-season-demand-ahead-of-spring-festival-average-hog
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Weaker live hog prices and slow demand ahead of the Spring Festival reduce farmer margins and signal softer near-term feed demand for hog production. Lower live hog prices are bearish for hog feed buying.

## Read by commodity

- HOGS: bearish ▼

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-30251.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.