I just noticed that pork prices are at an all-time low. According to recent data from Beijing's wholesale market, the average price has dropped nearly 30% compared to a year ago, which is quite unusual.



The numbers are interesting: lean meat is around 6.3 yuan per jin, while a year ago it was 9.15. Fatty meat dropped from 8.25 to 5.75 yuan. Basically, we are seeing the lowest level in 8 years, which is quite significant.

The curious thing is that this drop in meat prices is having a direct effect on consumption. I read that some diners and restaurants are buying much more, taking advantage of the fact that meat is now cheaper than some vegetables. It’s one of those moments where the price-quality ratio becomes too good to ignore.

It seems that wholesalers are feeling the pressure, but consumers are clearly taking advantage. Interesting to see how the price affects market behavior so quickly.
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