**Title of the article: "The market situation on the eve of New Year's Day: the "big reversal" of oil prices, the decline of pig prices, and the pressure on wheat prices
With New Year's Day approaching, the market is unpredictable, the refined oil market is like a roller coaster, oil prices may be "reversed", and the hog and wheat markets are also turbulent. Let's go through this market storm, uncover the triple crisis of oil, pig and wheat on New Year's Eve, and see how these market changes affect everyone's life.
**1. Oil prices have "reversed" and the rise has entered the countdown!**
In this moment of energy instability, we have seen a "big reversal" in oil prices - after six consecutive rounds of drops, gasoline and diesel prices may "rise sharply at the beginning of the year" in 2024! This will not only have a direct impact on every one of us who travels, but also will add a lot of variables to our lives on the eve of the Spring Festival holiday. Imagine the crowded scene at the station, the airport, the increase in fuel costs, and do you also feel the uneasiness that is coming?
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**2. 猪价滑坡下跌！**
Walking into the pig market, we found that pig prices are falling into a "trough", and the market is filled with a pessimistic atmosphere. The first round of pork rotation in 2024 is coming, but while 30,000 tons of pork are stored, 30,000 tons will be stored, which is undoubtedly worse for the support of the pig market. The pig market has become a battlefield where long and short are intertwined, and the demand for pickled meat in the south is intertwined with the sentiment of the breeding end, and will we consumers feel the fluctuation of pork prices during the New Year's Day holiday?
**3. Wheat prices are under pressure and the market is showing a sharp downward trend!**
Entering the wheat market, the wheat market has stabilized and adjusted after the winter solstice solar term, but with the announcement of the official temporary storage of wheat, the market has ushered in huge fluctuations. The reserve price of temporary storage wheat auction was far lower than the market spot price, and the panic and bearish sentiment of traders and milling enterprises spread rapidly. The grassroots circulation of wheat has gradually increased, the level of wheat arriving at milling enterprises has risen, and the replenishment of wheat in the market has shown a weak position. The mainstream milling enterprises in Shandong, Hebei, Henan, and other places have lowered their prices one after another, and some enterprises have even quoted as low as 1.39 yuan per catty! Can you imagine the confusion of this wave of wheat prices?
**Time series intertwined, full event revealed:**
- December 30: The market begins to prepare for the upcoming price hike as news of a "big reversal" in oil prices.
- **December 31**: The pig market is intertwined with long and short, and the rhythm of pickling in the south has weakened, but the sentiment of the breeding end resisting selling pigs at a loss still exists. At the same time, the wheat market ushered in the announcement of the official temporary storage of wheat, the bullish mentality of the market collapsed, and the bearish sentiment was very loud.
- **January 1**: New Year's Day is coming, and the market is feeling the fluctuations in oil prices, pig prices, and wheat prices more and more strongly. The pig market began to reflect the basic end of southern curing, the decline in pork consumption, and the gradual weakening of demand for large-weight pigs. Traders in the wheat market are panicking, and their concerns about the concentration of wheat in temporary storage are gradually increasing.
- Jan. 2: The wheat market has seen a sharp decline as milling companies lower prices. The price of foreign three-yuan pigs fell to 14.06 yuan/kg, and the price was lowered by 0.17 yuan from yesterday.
The market fluctuates, and changes in oil prices, pig prices, and wheat prices affect everyone's nerves. Behind all this, we can't help but ponder, is this the natural law of the market, or is it secretly manipulated by certain forces? On the eve of New Year's Day, we are facing a more complicated market situation, and at this time, acting cautiously and thinking deeply may be the best means to stabilize our economic situation.
Do you feel this series of market movements? Maybe you are in it, maybe you are just a bystander, but these changes have permeated every corner. After New Year's Day, we will wait and see how the market will perform, and controversy and thinking will become our weapon in the face of the unknown.
It's a symphony of the market, and we're standing on stage, looking forward to what's next.