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China and Hong Kong pork imports have moderated from record 2016 levels as China's domestic hog production rebounded and its hog prices cooled. May imports were down 15% year-over-year including Hong Kong, and muscle-cut imports fell 27%, while Jan-May totals were up 7%.
Imports are projected to finish 2017 about 4% below last year's record.
Lower Chinese import demand reduces outlets for global pork and weakens export pull on US hog prices. A possible seasonal rally in China later in the year could partly offset this.
過去の弱気な貿易イベント123件の後、ホッグ(リーン) は5営業日で中央値 -0.4% 動き(43% が上昇。中央50%は -2.9% から +2.0%)、20営業日では -0.2% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。