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China Merchants: In March, the Hog Farming industry was clearly oversold, and pig prices may still have support at the bottom.
In terms of valuation, corresponding to the slaughter volume in 2025, the average Market Cap of major listed pig companies has fallen to historical bottom levels, highlighting the allocation value of high-quality pig companies.
Some Investors May Be Worried About COFCO Joycome Foods' (HKG:1610) Returns On Capital
The National Bureau of Statistics: In early April, the price of live pigs was 14.7 yuan/kg, which is unchanged from the previous period.
The monitoring of market prices for 50 important production materials in 9 major categories in the national circulation sector shows that in early April 2025, compared to late March, prices of 14 products increased, 32 decreased, and 4 remained stable.
DBS Remains a Buy on COFCO Joycome Foods Limited (1610)
COFCO JOYCOME (01610.HK) Operation Quick Report: In March, 0.48 million pigs were slaughtered.
Gelonghui April 9th | COFCO JOYCOME (01610.HK) released the operation report for March 2025, with 480,000 pigs slaughtered in the month, the average sales price of commodities for large pigs at 14.40 yuan RMB/kg, and fresh Pork sales at 0.0282 million tons.
Express News | COFCO Joycome Foods - March Hog Production Volume 480 000 Heads