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惠譽料明年中國生豬價格將較今年下半年回落
評級機構惠譽表示,由於生豬價格飆升,中國養豬企業今年第三季盈利能力持續提高,但受到潛在的生豬價格疲軟和飼料成本壓力上升影響,2023年利潤進一步上升或受限。 惠譽指,中國生豬價格自今年8月起持續上升,第三季按季升40.6%,10月份價格水平進一步上漲,主要是由於生豬定價趨勢強勁導致短期供應緊張,認爲並非結構性供應短缺所致。 惠譽預計,由於擁有足夠的生產及盈利能力,中等規模的養殖戶有可能提高產量,令明年生豬價格將較今年下半年回落。 該行預期中國養豬企業將要面對更高的飼料成本壓力,同時企業通過提高生產力來進一步降低生產成本的空間亦有限。
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