The pace of reducing overcapacity is relatively slow, causing pork prices to fall below 10 yuan per kilogram.
This week, the average price of domestic live pigs has decreased compared to last week. According to data from China's pig breeding website, on April 10th, the price of live pigs was 9.18 yuan per kilogram, a 9.4% decrease compared to 10.13 yuan per kilogram last Friday. In terms of average weekly price, the average price of live pigs this week is 9.47 yuan per kilogram, a 6.2% decrease compared to the average price of 10.1 yuan per kilogram last week.
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