Pork sold at "ginger and garlic prices" Industry chain expects to break through.

Sina Finance News on March 31st, according to monitoring of 23 county markets and collection points in Hunan Province, after entering March, pig prices began to accelerate downward. Currently, the average price of live pigs in the province is 10.78 yuan per kilogram, a decrease of 6.83% from the previous period and a decrease of 29.54% year-on-year, the lowest price since 2019. The latest monitoring data from the Ministry of Agriculture and Rural Affairs show that in the third week of March, the prices of live pigs in 30 monitoring provinces across the country all fell, with an average price of 11.05 yuan per kilogram, a 28% decrease compared to the same period last year. This price is the lowest since June 2018. Many interviewees believe that the current downward trend in pig prices is a normal phenomenon of cyclical adjustment in the pig market, with the core contradiction being the combination of oversupply and weakening demand. A deeper change is the long-term adjustment of consumption structure. Data shows that the proportion of pork in meat consumption in China decreased from 62.1% in 2018 to 57.8% in 2025, indicating a decrease in overall demand for pork. Regarding the future trend of pork prices, industry insiders generally believe that official procurement will stabilize market sentiment to a certain extent. It is expected that there will be limited downside potential for pork prices in the short term, mainly characterized by fluctuation and grinding at the bottom. However, influenced by the strong supply and weak demand, there is a need to be cautious about the risks of price increases falling short of expectations and periodic corrections. The market still needs to gradually achieve price stabilization and recovery in a balanced supply and demand environment.