Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
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.