According to the briefing, in November, Muyuan Foods sold 923 thousand pigs, and the sales revenue was 1.148 billion yuan. The average selling price of commercial pigs was 11.24 yuan / kg, which was 8.09% lower than that in October 2018. The overall price of commercial pigs showed a downward trend.
Data showed that the highest price was 14.75 yuan/kg in February and the lowest was 9.99 yuan/kg in April.
Muyuan Foods said that large fluctuations in pig market prices could have a significant impact on the company's operating performance. If the price of pig market falls sharply in the future, it may still cause the company's performance to decline.
