According to the statistics from the agricultural products monitoring system, the pork prices were stable in September 12th as compared to those in the previous day. It is expected that the prices won’t go down significantly before the National Day. In the mean time, prices of vegetables, refined grains, dairy basically remain stable, and the price of edible oil continues to fall. The price of eggs was up slightly.
Though the increase of pork price slowed down a little bit previously, and we even saw a slight decline in the last few days, since the consumption has been strongly boosting the market, it is expected that we won’t see an obvious decline before holiday.
Therefore, it is estimated the price of pig leather, full grain leather, shoe lining, coated leather, and leather products such as men's leather belt, women's leather belt or lady belt remains stable in the coming week.