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· China sees lower pork prices in May
· China's hog prices up 8.5% in early June
China sees lower pork prices in May
Source: Xinhua(China)|Editor: huaxia
BEIJING, June 26 (Xinhua) -- Pork prices in China continued to fall last month on increased supply and lower demand, official data showed.
The average pork price index in 16 provincial-level regions tracked by the Ministry of Agriculture and Rural Affairs was 37.35 yuan (about 5.3 U.S. dollars) per kg in May, down 13.9 percent month on month.
The price retreat came as the government took multi-pronged measures to boost supply, including releasing frozen pork reserves and expanding imports.
To soften the impact of the novel coronavirus outbreak, China has...
China's hog prices up 8.5% in early June
via Shine (China) - 2020-06-15
The prices of live pigs in China went up 8.5 percent in early June compared with the previous 10 days, data from the National Bureau of Statistics showed Monday.
Since last year, China has implemented a string of policies to encourage hog production and stabilize pork prices affected by African swine fever and other factors.
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, and pork and hog prices have gradually retreated despite some fluctuations.
Monday's data also showed...