China’s national hog price fell to 8.62 yuan/kg on November 8, down 14.7% from early October. Rising marketing weights and loss-driven sales added to abundant supply, while demand remained weak despite the usual seasonal consumption period; analysts expected further near-term softness before a possible modest late-month recovery.
Heavier animals and accelerated selling increase pork availability while lackluster demand limits absorption, pressuring hog prices. Capacity reduction and a later seasonal demand pickup could eventually slow the decline.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.