App

China's pork prices continue to dip
Updated: April 1, 2020 15:53 Xinhua

BEIJING — Pork prices in China continued to edge down last week as supply increased and demand softened, official data showed.

From March 23 to 27, the average pork price index in 16 provincial-level regions tracked by the Ministry of Agriculture and Rural Affairs came in at 45.86 yuan (about $6.5) per kilogram, down 3.5 percent week-on-week.

The price retreat came as the government has been taking multi-pronged measures to boost supply, including increasing subsidies to restore hog production, releasing frozen pork reserves and expanding imports.

China released another 20,000 metric tons of pork from its central reserves to increase market supply at the end of March, according to the Ministry of Commerce.

Prices of pork, a staple meat in China, have been soaring in recent months, mainly caused by African swine fever and cyclical factors.

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218