Brazilian beef cold prices fall, New Year's Day Spring Festival competition market, who can take the lead?

Recently, the price of imported beef in Brazil has changed, showing a slight downward trend as a whole.The prices of Marfrig three factories and JBS sets declined slightly, among which the average price of MF sets was about 43.8 yuan/kg, down 0.1 yuan/kg per day; the average price of JBS sets was 45.1 yuan/kg, down 0.5 yuan/kg per day.Current shipments and market sentiment are flat.

Near New Year's Day and Spring Festival, the market faces shipping pressure, because the inventory needs to be cleared before the year, and the disassembled set of single products needs to be digested by the terminal.At the same time, market rumors 199 cabinet goods do not ship, trigger panic mood, capital pressure greater merchants or concentrated dumping.The processing plant feedback terminal consumption is weak, and the volume of goods is obviously reduced, which is also an important factor for the decline of beef prices.In addition, Brazilian beef currently traded will be shipped in January 2025 and arrive in China in February, with uncertainty surrounding its price trend after the Spring Festival holiday.

According to the data of the General Administration of Customs, China imported 581,000 tons of meat (including offal) in November, up 9.6% month-on-month and 3.8% higher than the same period last year; the cumulative import volume from January to November was 6.055 million tons, down 11.2% year-on-year.This shows that although there has been a short-term rebound in import volume in the near future, the overall import volume is still in a year-on-year decline range, reflecting that although market demand fluctuates, it has not fully recovered.

In this market game, it seems that the weakness in the consumer market has prevailed, causing prices to fall.However, with the impact of the Spring Festival holiday and potential changes in market demand for imported meat, it remains unclear who will die.For practitioners, in the current period of price fluctuation and increased uncertainty, it is more prudent to plan shipping and procurement strategies, pay close attention to market dynamics, and avoid losses due to blind follow-up.