According to the Zhitong Financial APP, Cofco Joycome (01610) fell more than 3%, and as of press time, fell 3.24%, reported HKD 1.79, with a turnover of HKD 42.75 million.

On the news front, on June 14, the National Bureau of Statistics released the price changes of important production materials in the circulation field in early June 2024. Among them, the price of pigs (foreign three elements) was 18.6 yuan/kg, an increase of 1.8 yuan/kg compared with late May, an increase of 10.7%, and an increase of 21.6% compared with the 15.3 yuan/kg in early April two months ago.

Hehe Futures believes that the shrinking supply continues to support pig prices in June, and the spot price of pigs has risen slightly compared with the previous period, but the spot price of pigs has risen to a relatively high level, and the enthusiasm for entering the market has decreased. The weather is hot and the ability of downstream to accept high-priced pigs is poor, and pork consumption is poor. The early sows have been disposed of, and the supply of pigs will continue to be reduced in the future, and the driving force in the medium and long term is still there, but considering that short-term consumption is difficult to improve, the pig market will continue to operate in a volatile manner.

Zhuochuang Information expects that the national market in the next week will show a trend of fall-rise-fall. On the supply side, the recent increase in pig prices has been relatively large, and the downstream market acceptance has been continuously weakened. It is difficult for high-priced breeding pigs to go on sale, and in order to ensure a certain number of sales, breeding farms may reduce the price of pigs.