# China’s Hog Market Faces a Supply-Demand Struggle: Futures and Spot Prices Plunge as Capacity Is Cut, Awaiting a Turning Point

> Chinese hog futures fell to 9,195 yuan per tonne on November 6 after touching a contract low of 9,040 yuan the previous day, while the national lean-hog spot price dropped to 8.83 yuan per kg. High slaughter-ready supply and weak pork sales are weighing on prices, even as October breeding-sow inventories declined and losses and disease concerns are accelerating capacity reductions.

- Date: 2026-11-07 · published 2026-11-07T06:16:44.258Z
- Category: market · region China · magnitude medium
- Page: https://feedsoft.ai/events/85601-china-s-hog-market-faces-a-supply-demand-struggle-futures-and-spot-prices
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Near-term oversupply and sluggish pork demand are pressuring hog prices, while falling sow numbers could tighten supply later. The article expects prices to remain weak in the coming weeks, with a possible modest recovery later if demand improves and marketings slow.

## Read by commodity

- HOGS: bearish ▼

## Sources

- news.zhuwang.com.cn: https://news.zhuwang.com.cn/xingyedianping/20261107/656432.html

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