App

China's pork prices continue to retreat
Updated: April 15, 2020 15:49 Xinhua

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

From April 7 to 10, the average pork price index in 16 provincial-level regions tracked by the Ministry of Agriculture and Rural Affairs came in at 43.53 yuan ($6.18) per kg, down 3.4 percent week-on-week.

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

Last week, China released another 19,700 metric tons of frozen pork from its central reserves to ensure market supply and stabilize pork prices, according to the Ministry of Commerce.

To soften the impact of the novel coronavirus outbreak, China has ramped up financial support, including subsidies and loans to major pig-producing counties to restore production.

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