In general, the European slaughter pig market is stable.

According to reports from Spain, demand from China is still very high and much is being bought. However, according to Spanish market observers, Chinese procurement prices for by-products and ham have fallen.

Due to lower prices for Chinese ham, German and Spanish exporters are boosting the Italian market, which in turn will put pressure on prices. In general, the European meat industry continues to complain about problems with the transfer of higher purchase prices to trade and industry.

Invariable quotes come from Spain, France and Austria. Moderate price increases were recorded in Denmark, Belgium and the Netherlands. The Danish quote rose 2.7 cents, thus closing with a French quote.

In addition, the optimal pricing range for slaughter was increased. This is done by Denmark in order to compensate for changes in pork demand. Quotes from Belgian companies, still meeting rising demand after the outbreak of African swine fever, rose 2.5 cents.

In Germany, a “Solomon decision” was made during pricing. The tension between manufacturers and slaughter companies over payments after a week-long price hike ended in a decline of 2 cents. A new level of listing is now accepted by all market participants.