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Pig futures rose and fell, will Wanjiu become a resistance barrier?

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2024-08-19 00:12:31
Gold ten futures on August 19 news, spot, pig prices last week continued to break through, breeding side cautious mood increased, raising households and two breeding slaughter increased, while the end point for high-priced pork capacity is limited, the spot has recently fallen from a high level, but short-term spot prices difficult to fall, after a short correction is still dominated by high volatility. In terms of disk, the recent long and short sides have shown an exit trend, and the sentiment is quite similar. The long trade is the supply gap and peak season demand. The short trade is the gradual recovery of production capacity and consumption is less than expected. The short-term long and short game will continue, and it is expected to follow the spot high volatility.
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