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07

2023

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01

Chinese Imported Beef Market Analysis

Source:

OIG+X

According to the feedback from the domestic and foreign markets, the futures market transaction has improved slightly this week, and the enthusiasm of importers to participate in inquiry, counter-offer and purchase has increased.

 

According to the feedback from the domestic and foreign markets, the futures market transaction has improved slightly this week, and the enthusiasm of importers to participate in inquiry, counter-offer and purchase has increased.

 

The willingness of some plants to negotiate prices increased slightly, and driven by the favorable national policies, some importers showed strong willingness to receive goods this week due to the expected increase of market consumption recovery after the year. However, on the whole, the market has not released a large amount of procurement demand, and companies with a large proportion still hold a wait-and-see attitude towards futures procurement.

 

On the whole, the quotation of most goods was stable this week, but due to the significant differences in the transaction of different positions and the market volume, the price trend of some goods in the spot market was slightly different during the week.

 

For the recent market, some said that, for the moment, the demand for goods in the Spring Festival this year is far less than that in previous years, the release of market demand is limited and the time is short. With the approaching of the Spring Festival, the shipping cycle is shortened, and the overall depressed consumption environment is difficult to promote a significant change in the short-term transaction, the price upward support is weak. At present, they are more inclined to maintain the shipment volume before the Spring Festival as far as possible and ensure the timely delivery of goods sold according to quality, At the same time, some companies said that they had entered the end of the year and made holiday arrangements in succession.