China's live hog futures in Dalian tumbled more than 10% on debut

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China’s live hog futures tumbled in their debut on the Dalian Commodity Exchange on Friday, and analysts attribute the sell-off to the contract’s high listing price and expectations of rising supplies as the country's pig herds recover after been ravaged by a swine fever.

The front-month September contract plunged 12.6 per cent to close at 28,290 yuan ($4,376.95) per tonne on Friday, compared to its 30,680 yuan listing price.

Comparatively, spot hog prices in major producing province Shandong were at 35.8 yuan per kilogramme . . .

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