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On November 9, China’s average lean-pork carcass price rose 0.34% day over day to 11.89 yuan/kg, while the average live-hog price was 8.52 yuan/kg. Prices stabilized after recent declines, with snow in the Northeast lending some support, but demand remained ordinary and processors were cautious; short-term prices were expected to consolidate at low levels.
Weak demand and ample hog availability continue to weigh on prices, while weather-related disruption and a corrective bounce offer limited near-term support. The outlook points to low-level consolidation rather than a sustained recovery.
ncp.mysteel.comNov 9, 2026Not 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.
