Gasoline prices reduced! On November 9, there was a "price change warning" for pig prices, and oil prices dropped by 240 yuan! What's going on
Recently, in the international crude oil market, prices have shown a downward trend. According to the latest news, due to the strong statements of many hawks in the Federal Reserve, the market has increased concerns about further interest rate hikes by the Federal Reserve. This will inevitably intensify the strength of the US dollar price, putting pressure on the US dollar-denominated crude oil market, and the international crude oil price trend is downward. Among them, , on November 7, the prices of U.S. oil and Brent oil both fell by more than 4%. As of 21:44 on November 8, the price of WTI crude oil fell by 0.9 US dollars in a single day, and the quoted price fell to 76.47 US dollars/barrel. Compared with 93.68 US dollars/barrel before the Double Festival, the international crude oil market has recently fallen to a total of 17.21 US dollars, a drop of up to 18.37%!
Affected by the downward pressure on international market prices, domestic automobile sales have Diesel prices have been adjusted three times. Among them, gasoline prices have dropped by 85 yuan/ton, 70 yuan/ton, and 140 yuan/ton, with a cumulative decrease of 295 yuan/ton, which is equivalent to a price reduction of 92/95 gasoline of about 0.23 yuan/liter!
According to agency analysis, in accordance with the official domestic refined oil mechanism, a new round of oil price adjustments will start at 24:00 on the 21st of this month. During the period, as international oil prices hit record lows, the center of gravity of U.S. oil prices fell back to the level of early July. During this pricing cycle, the crude oil change rate was -6.33%, and gasoline prices dropped significantly. The drop is expected to reach 240 yuan/ton, which is equivalent to a price drop of about 0.2 yuan/liter for No. 92/95 gasoline and No. 0 diesel!
As the international market continues to be under pressure, it is expected that the rate of change of crude oil may further decline during this pricing cycle, and gasoline and diesel prices are expected to fall sharply!
Today, the price of crude oil has dropped significantly, which has supported the downward trend of domestic gasoline and diesel prices. In the pig market, the "price change warning" of pig prices has hit, and the market has shown a trend of rising and falling!
According to institutional analysis, at present, the three-yuan lean meat type outside the country The price of pigs fell by 0.15 yuan, and the price quoted by slaughterhouses fell to 14.81 yuan/kg. According to the agency's forecast, the current cost price of pigs for slaughter is 17 yuan/kg. Farmers are generally in a moderate loss stage, and the market highlights the fundamentals of a sluggish peak season!
Now, the Beginning of Winter has arrived. Recently, the northern region has entered the winter sequence. However, feedback from the pork consumption market shows that although the temperature has dropped, consumer demand has hardly improved. Judging from market feedback, in the domestic mainstream consumer cities, Beijing and Shanghai, the arrival volume of white-striped pigs has been adjusted. However, downstream traders have performed poorly and their enthusiasm for receiving goods has been weak. The pressure of surplus goods has increased in some markets in Beijing, and some markets have shown a certain "bad market" performance!
At present, the boom in cured pork in the north and south has not yet started, and consumption is constrained. In the field of live pig supply, retail investors and group pig companies have increased their slaughter output significantly. According to institutional research, the mainstream large-scale breeding entities in the north and south of China have loose pig supply this month. The monthly sales increase of top pig companies is 3.86%. Large-scale pig companies are active in selling pigs, and retail pig farms are more prominent in following the trend!
Therefore, under the periodic changes in the buying and selling pattern of the live pig market, the "price change warning" of pig prices has struck, and the prices have fluctuated downwards. Most of the domestic market has shown a downward trend, especially in the northern region, Henan, Shandong and other places, due to Local retail investors are still panicking about slaughtering, and the average pig selling price has fallen below 14 yuan/kg. However, according to market feedback, currently, the consumer demand for large pigs has rebounded slightly, and the price of large pigs is relatively stable. In the short term, pig prices may maintain a "bottoming out" trend. However, it is only a matter of time before the inflection point of pig price increases. Personally, I believe that in the middle to late period, pig prices will still mainly run on the strong side, and the price center of gravity may be significantly raised!
Gasoline prices greatly reduced! On November 9, there was a "price change warning" for pig prices, and oil prices dropped by 240 yuan! What's going on! What do you think of this? The above is the author's personal opinion, the pictures are from the Internet, and the content is for reference only!
