After continuing to fluctuate and decline, by the close of November 6, the main contract price for pigs in the domestic futures market had fallen to 9195 yuan/ton. Previously, it hit a low of 9040 yuan/ton since the launch on November 5, reaching the biggest drop of nearly 30% from the beginning of September. In the spot market, according to data from Pig Search Network, the average price of lean pigs sold nationwide on November 6 was 8.83 yuan/kg, down 0.1 yuan/kg from 8.93 yuan/kg the previous day, a single-day decrease of 1.12%; down 2.93 yuan/kg from 11.76 yuan/kg in the same period last year, a year-on-year decrease of 24.91%. “Domestic pig prices continued to fall this week. At the end of the month and beginning of the month, the breeding side still maintained a high level of enthusiasm for listing, and the supply of pigs in the market did not decrease. However, there has been no significant improvement in the speed of delivery of white bars at terminals, and downstream delivery efforts have been limited. There was a lot of resistance on the farming side during the week, and they were forced to sell at a lower price and buy at a lower price downstream, causing pig prices to continue to decline this week.” Fan Qingqing, a pig analyst at Zhuochuang News, said that the current poor performance on the demand side of the market is undermining pig prices. As the temperature drops and pork prices continue to drop, downstream stocking demand has increased slightly, supporting the increase in slaughter volume and operating rate of slaughter enterprises. Zhuochuang Information monitored the average daily operating rate of slaughter enterprises nationwide on November 5, up 1.1 percentage points from last Thursday.