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Spot hog prices are expected to keep weakening as farms resume normal slaughter while downstream demand lags, leaving supply above demand. On November 3, the DCE lean hog main contract LH2701 closed at 9150 yuan/tonne, down 390 yuan (-4.09%), with a settlement of 9280 yuan/tonne.
Persistent oversupply and falling lean hog futures point to weaker hog-farm demand for feed, which reduces near-term feed ingredient demand from the Chinese hog sector.
ncp.mysteel.com2026年11月4日历史可比事件尚不足，暂无法给出历史解读。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
