
NDRC has recently stated that it is expected that the drop in pork prices will be limited, and there is a possibility of a slight rebound after bottoming out. NDRC also stated that currently the consumption is still sluggish and difficult to improve, with slow downstream sales and strong anti-price sentiment in the breeding sector. Although pork prices in some regions briefly declined during the week, they immediately bottomed out and rebounded, resulting in a fierce supply-demand game.
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