Goldea Information: It is expected that the price of pork may fluctuate slightly higher in May.

According to Zhuochuang Information data, after falling from the high level at the beginning of the year, pork prices have continued to fluctuate narrowly. In late April, after a long period of consolidation, pork prices finally started to rise slightly. From the supply side, the finishing pigs from the earlier replenishment of inventory have been gradually sold, the large pig sources in the market are continuously being digested, and the trading weight of live pigs is either stable or slightly declining. Additionally, the finishing pigs will continue to be replenished in stages, blocking the source of pigs suitable for slaughterhouses. From the demand side, the enthusiasm for stockpiling before the holiday is not as high as in previous years, end inventories are at a low level, post-holiday slaughter volume may decline slightly, the weather in May gradually stabilizes, and outdoor activities such as barbecues and camping increase. The catering industry may gradually improve. Overall, there may be a short-term tightness in supply, but demand has some support, so it is expected that pork prices in May may fluctuate slightly stronger.